Intel Corporation recently acquired software company Kno. The latter began as a hardware company that later pivoted into producing eTextbooks and eBooks for college and K-12 students and publishers.

According to TechCrunch, the world's largest semiconductor chip manufacturer was among Kno's laundry list of investors. Kno had raised about USD73.4 million since it was founded in 2009, progressing to a Series C round two years later. Intel invested USD20 million in Kno's USD37.5 million round.

Although the pricing of the acquisition remains unclear, TechCrunch said that the entire Kno team will be joining Intel as a result of the exit deal except for co-founder and CEO Osman Rashid.   

To date, Kno has worked with over 80 publishers and has around 225,000 interactive titles, from kindergarten to university-level textbooks, which can be accessed using the Kno app for iPad, Android and Windows 8 devices.

The acquisition of Kno came after Intel Corporation's venture into education tablets. The chipmaker wanted to take on Apple and Google in the classroom, TechCrunch said.