Apple, said it bought semiconductor company Intrinsity. It declined to say how much it paid for the Austin, Texas-based chipmaker, but analysts say Apple spent roughly $120 million.
Intrinsity specialises in speedy processors for mobile devices.
Apple has also acquired Siri, whose smartphone application helps users accomplish tasks and find businesses while on the go.
Deccan Herald is on WhatsApp Channels| Join now for Breaking News & Editor's Picks