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…

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