Apple acquires Intel's smartphone modem business for $1 billion
5 years, 7 months ago

Apple acquires Intel's smartphone modem business for $1 billion

India Today  

Earlier this week, reports indicated that Apple was in advanced talks with Intel to acquire its smartphone modem business. And now just days later, Apple officially announced that it is acquiring Intel's smartphone modem business for $1 billion. Apart from Intel's talent pool, Apple will also get a hold of nearly 17,000 patents ranging from protocols for cellular standards to modem architecture and modem operation, as a part of the deal. The agreement between Apple and Qualcomm, which followed a patent infringement lawsuit, forced Intel to sell its smartphone modem business.

History of this topic

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7 years, 8 months ago

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