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Exclusive-Intel providing chip technology to startup led by co-investor of Tan in rare deal
The startup could use register-transfer level code to build custom chip designs, a rare exposure of Intel’s x86 intellectual property, a source said.
Intel has provided access to its proprietary Atom processor technology to secretive startup RosaicLabs Inc., marking a rare departure from the chipmaker's historical licensing practices.
Leading the secretive firm is Amarjit Gill, a veteran chip executive and venture investor who has worked closely with Intel CEO Lip-Bu Tan at previous companies.
Intel will transfer register-transfer level code for its Atom processors, granting the startup comprehensive exposure to the company's x86 architecture for custom chip designs.
Incorporated in Delaware this May, the startup may seek a seed funding round of about $10 million, while allowing executives to authorize capital expenditures below $5 million.
Operating with a low public profile, RosaicLabs lacks a website, which industry analysts note is common for early-stage semiconductor firms.