Intel Corp. (Nasdaq: INTC) agreed to buy Hacker League, a platform for managing “hackathons.”
The startup will be folded into Mashery Inc., a San Francisco software developer, which Intel acquired in April for roughly $180 million.
Terms of the Hacker League deal remain undisclosed, but reports peg the price at less than what Intel paid for Mashery, which makes tools for developing applications.
Picking up Hacker League underscores Intel’s long-term goal of bolstering the number of coding events it offers for software developers. Mashery, for example, conducts about 80 “hackathons” each year. Hacker League has managed events in its own right. Hackathon organizers in the U.S. and abroad have listed more than 450 events on the Hacker League platform, according to a company statement regarding the acquisition.
Hacker League was founded in October 2011 by Mike Swift, Abe Stanway and Ian Jennings while students at Rutgers University.
In September, Santa Clara, Calif.-based Intel acquired Sensory Networks for $20 million to further extend its security capabilities in September. In April, the chip maker picked up Fujitsu Semiconductor Wireless Products Inc. for an undisclosed price.