Although neither company has yet to publicly confirm the the story, Forbes is reporting that Apple has entered into an agreement to buy low-power chipmaker P.A. Semi. Sources close to P.A. Semi put the deal in the $250 to $300 million range, although no exact figure has emerged.
P.A. Semi was founded in 2003 by Dan Dobberpul, who was a key designer on DEC’s Alpha and StrongARM processors, and the company currently develops high-performance, low-power chips for the telecommunications and wireless market.

