Magazine article from our research archive:

Apple buys chip designer; Purchase brings skilled engineers.(BUSINESS)(P.A. Semi)(Brief article)

Apple's recent purchase of microprocessor design firm P.A. Semi has triggered a wave of speculation over what the computer maker plans to do with its newly acquired asset.

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The $278 million purchase, first reported by Forbes, prompted the blogosphere's almost instantaneous conclusion that Apple planned to use PA Semi's dualcore, 64-bit, low-power PWRficient processor in future mobile products.

Not so fast, folks. After taking a closer look at the deal, we've come to the conclusion that there's another, likelier explanation.

Our take, shared by numerous other industry analysts, is that Apple's relationship with Intel is strong and ...

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