Processor giant Intel acquired Hacker League, a private group that organizes hackathons. The financial terms of the said deal were undisclosed, according to ZDNet.

Hacker League has organized over 450 hackathon events. Most of the firm's activities have been geared towards launching TV app concepts, music startups, and the future of food. In a statement on its website on Tuesday, the company confirmed the deal saying it is set to merge with Intel company Mashery, the report stated.

Intel added Mashery in April. At that time, the API builder had already worked with more than 170 brands to power around 44,000 active applications. Examples of these include Comcast, Rdio, Travelocity, and Klout, the report said.

The addition of Hacker League will give Mashery more opportunity to connect to its developer community. The said group has since expanded to more than 235,000 developers with over 88,000 active applications being developed or produced, said the report.

According to Hacker League co-founder Mike Swift, the company will offer a showcase where developers can harness their coding talent and API knowledge. He added that the hackathons can be an avenue for those developers to learn to create and prototype, ZDNet reported.