A British team of chip designers has won one of the most coveted of customers in the chip industry--Apple Computer. SiliconValleyWatcher has learned that Apple has contracted to use the powerful video, image, and music chips designed by Alphamosaic, in Cambridge, UK, in a future multimedia mobile device. While the kudos goes to the Alphamosaic teams, the money from the deal goes to Broadcom, the US communication chips leader. Broadcom acquired the 57 person Alphamosaic for about $125m in September 2004.
News source: Silicon Valley Watcher