Has Apple bought a company called Intrinsity?

There are rumors that Apple has acquired a chip company called Intrinsity. And the company’s web site (http://www.intrinsity.com/) is currently down for “scheduled maintenance.”

Intrinsity specializes in ARM processors. In fact, according to “engadget” (http://www.engadget.com/2010/04/03/is-intrinsity-apples-latest-chipmaker-acquisition/), there’s “speculation that Intrinsity may have actually contributed as much or more to the A4 processor in the iPad than P.A. Semi has.”

Intrinsity is a privately-held Austin, Texas based fabless semiconductor company. It was founded in 1997 as EVSX and changed its name to Intrinsity in 2000. It has around 100 employees and supplies tools and services.