Amazon is to acquire a semiconductor start-up in Israel, which has been operating discretely since it was set up in 2011.
Jacinda Mein, a spokeswoman for Amazon Web Services, has confirmed that Amazon has agreed to acquire Annapurna Labs, but added that the company had nothing else to share at this time.
The technology being acquired by Amazon could be used in its vast data centres for its retail operations and those of its Amazon Web Services unit. Annapurna develops midrange networking chips for data centre s that transmit more data while consuming less power, according to the Wall Street Journal, which quoted sources familiar with the matter as saying that Amazon was discussing paying $350 million (€313 million) for the start-up.
The company in Yokneam was founded by Avigdor Willenz, founder of chip design company Galileo Technologies in Israel, that was acquired by Marvell Technology Group in 2001, according to the newspaper.
“Annapurna Labs puts together some of the best talent to address significant industry challenges,” Willenz wrote on the company web site, which has little other information on what it does.
“In my experience, their talent, innovation and open culture is unmatched in the semiconductor industry.”
The company said on its Twitter and LinkedIn profiles that it was operating in “stealth mode.” Annapurna has sites in Israel and Silicon Valley.
John Ribeiro, IDG News Service
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