Intel acquires German company

Chipmaking giant buys company that builds software for drones.

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Intel has bought a German company that builds software for drones.

The chipmaker contends the purchase of Ascending Technologies will make it possible for drones to avoid hazards in the air.

Monday’s acquisition comes a day before this year’s CES convention opens in Las Vegas; Intel chief executive Brian Krzanich will again give the opening keynote Tuesday night.

The companies didn’t report terms of their deal, but Intel said it will offer jobs to all 75 Ascending Technologies employees.

Though Intel doesn’t make any consumer technology itself, the company desperately wants to appeal to innovative companies developing the next generation of gadgets in hopes those entrepreneurs will use Intel chips to run their new devices.


Will the drone craze continue in a way that will help breathe life back into Intel?


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