David Gilo founded DSPC 14 years ago. It employs about 300 people, 250 of whom work just outside of Tel Aviv. The firm is now headquartered in Cupertino, though most of its activity is still in Israel. Under the agreement, which should be finalized within two months, DSPC will become a wholly owned subsidiary of Intel.
Intel buys Israeli chip, software firm for $1.6 billion
