New York Times: Apple Bought ARM Design Firm Intrinsity For $121MM

Confirming earlier rumors, the New York Times is reporting that Apple has purchased ARM design firm Intrinsity for an estimated $121 million.

Intrinsity was the company that helped design the Samsung Cortex A8 core, one of the fastest mobile processors out there before the A4 chip, which could only be clocked up to a 650MHz. [...:]