Chipmaker SiFive Is Said to Draw Intel Takeover Interest

Intel offered to acquire SiFive for more than $2 billion
Talks are early and SiFive could chose to remain independent

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By Mark Gurman, Edward Ludlow, Ian King, and Katie Roof

June 10, 2021 at 2:21 PM EDT

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SiFive Inc., a startup that designs semiconductors, has received takeover interest from investor Intel Corp., according to people familiar with the matter.

Intel offered to acquire SiFive for more than $2 billion, one of the people said, asking not to be identified because the matter is private.

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Chipmaker SiFive Is Said to Draw Intel Takeover Interest