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January 4, 2016

Intel Acquires German Drone Startup Ascending Technologies

LAS VEGAS, NV - JANUARY 06: Intel Corp. CEO Brian Krzanich delivers a keynote address at the 2015 International CES at The Venetian Las Vegas on January 6, 2015 in Las Vegas, Nevada. CES, the world's largest annual consumer technology trade show, runs through January 9 and is expected to feature 3,600 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by Ethan Miller/Getty Images) Intel has made yet another hardware acquisition to build up its business of integrating its processors and RealSense imaging technology into the next wave of connected devices beyond PCs. Today the company announced it has purchased Ascending Technologies, a Germany-based startup that makes small drones and the software used to fly them. Financial terms of the deal have not been disclosed… Read More

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