Alibaba acquires C-SKY Microsystems for embedded IoT CPUs

Alibaba has acquired Hangzhou Zhongtian Microsystem Co. (C-SKY Microsystems, a leading developer of embedded CPUs, for an undisclosed sum.

C-SKY, which was founded in 2001 and is based in Hangzhou's Hi-Tech Zone, offers a series of 32-bit "C-SKY" embedded CPU cores based on independent intellectual property rights. The chips are widely used in Internet of Things intelligent hardware, digital audio and video, information security, networking and communications, industrial control, and automotive electronics.