University of Toronto's FPGA programming platform developer LegUp Computing has been acquired in a deal that allowed Intel Capital to exit.
LegUp Computing, a Canada-based gate array accelerator technology spinout of University of Toronto, has been acquired by chip microcontroller supplier Microchip Technology for an undisclosed sum.
Founded in 2015, LegUp offers a cloud-based tool for automatically compiling software code to operate flexible computing circuits known as field-programmable gate arrays (FPGAs).
Unlike traditional fixed semiconductors, FPGAs contain adjustable logic gates that enable them to be reconfigured for specific tasks.
Developers can often access FPGAs via cloud computing servers…