Apple today confirmed earlier reports claiming it has acquired small chip maker, Intrinsity, the experts behind the A4 processor inside the iPad.

The New York Times report follows speculation Apple was in talks to acquire the firm. The report repeats additional speculation that Intrinsity was involved in development of the A4 chip. IEEE's Spectrum’s earlier claims were that Apple used Intrinsity to speed up the design of ARM chips used in its mobile devices.

The company accelerates ARM CPU designs while reducing power consumption. In July, Samsung announced an Intrinsity-enhanced 1GHz ARM Cortex A8 chip (Hummingbird).