- Category: Tech & Science
- Published Monday, January 4, 2016
- CTV News
Intel, the giant chip company, is buying a German drone maker.
The move is part of Intel CEO Brian Krzanich's broader strategy to promote the use of Intel chips for new technologies -- including drones, robots and a variety of sensor-equipped devices.
The German company, Ascending Technologies, already uses some Intel gear in its flying devices. At last year's CES gadget show in Las Vegas, Krzanich showed how Ascending Technologies is using Intel's RealSense three-dimensional optical sensors to help its drones navigate.
Intel has recently invested in several drone makers, including Ascending, China's Yuneec and California-based Airware.
Now Intel is buying Ascending outright. Intel wouldn't disclose the sales price, but says Ascending's 75 or so employees will be offered jobs at Intel.
Krzanich is scheduled to give the opening keynote at CES on Tuesday evening.