RapidMind, a leading developer of parallel computing software, has been acquired by Intel Corp., the world’s largest maker of microprocessors. The transaction is likely to help Intel to help software developers to make more efficient programs that rely on multi-core chips.

“We are now part of Intel Corporation, the leader in software development tools for software parallelism and performance. This change is a great development for our customers and for easing the effort in parallel programming. With Intel, our shared vision for enabling parallelism will lead to strengthening our software developer tools for multicore and manycore processors and accelerators,” a statement by RapidMind reads.

RapidMind promised to provide more details about the integration of its platform and Intel software products and technologies, including the Intel Ct technology for data parallelism, later this year.

RapidMind plans to continue sellingthe RapidMind platform and encourages customers to continue using software parallelism.

“We respect and strive to preserve and expand the investments our customers have made in our products. You are encouraged to visit the Intel Developer Forum in September 2009 to hear more about Intel software developer tools,” the statement claims.

Tags: Intel, RapidMind, Larrabee