• Apple has finalized a deal to acquire a small chip company called Intrinsity, Apple confirmed. Intrinsity, of Austin, Tex., made a name for itself by creating a fast chip for mobile devices in cooperation with Samsung, both a partner and competitor to Apple.

Intrinsity’s the company responsible for developing, along with Samsung, the Apple A4 processor.  The A4 is already in the iPad and almost certainly will be coming to an iPhone and iPod touch near you.

More at NYT: Apple Buys a Chip Maker Thought to Be Behind the iPad Brain.