Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Apple to acquire the majority of Intel smartphone modem business
Posted on 26-Jul-2019 10:03 | Filed under: News


Apple and Intel have signed an agreement for Apple to acquire the majority of Intel’s smartphone modem business. Approximately 2,200 Intel employees will join Apple, along with intellectual property, equipment and leases.
 
The transaction, valued at US$1 billion, is expected to close in the fourth quarter of 2019, subject to regulatory approvals and other customary conditions, including works council and other relevant consultations in certain jurisdictions.
 
Combining the acquired patents for current and future wireless technology with Apple’s existing portfolio, Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem architecture and modem operation. Intel will retain the ability to develop modems for non-smartphone applications, such as PCs, internet-of-things devices and autonomous vehicles.
 
“This agreement enables us to focus on developing technology for the 5G network while retaining critical intellectual property and modem technology that our team has created,” said Intel CEO Bob Swan. “We have long respected Apple and we’re confident they provide the right environment for this talented team and these important assets moving forward. We’re looking forward to putting our full effort into 5G where it most closely aligns with the needs of our global customer base, including network operators, telecommunications equipment manufacturers and cloud service providers.”
 
“We’ve worked with Intel for many years and know this team shares Apple’s passion for designing technologies that deliver the world’s best experiences for our users,” said Johny Srouji, Apple’s senior vice president of Hardware Technologies. “Apple is excited to have so many excellent engineers join our growing cellular technologies group, and know they’ll thrive in Apple’s creative and dynamic environment. They, together with our significant acquisition of innovative IP, will help expedite our development on future products and allow Apple to further differentiate moving forward.”
 
 








Trending now »

Hot discussions in our forums right now:

2019 Novel Coronavirus Covid-19 Discussion
Created by Batman, last reply by wellygary on 27-Oct-2020 15:50 (15530 replies)
Pages... 1034 1035 1036


Best exterior plywood gap fillter?
Created by zyo, last reply by zyo on 24-Oct-2020 20:16 (51 replies)
Pages... 2 3 4


Odd Issue with DNS Jumper - Advice needed
Created by farmer1981, last reply by Hammerer on 27-Oct-2020 15:55 (14 replies)

Configuration with Google wifi
Created by SomePostman, last reply by SomePostman on 26-Oct-2020 19:14 (12 replies)

Spark to offer Sky Sport bundle
Created by Quinny, last reply by rugrat on 27-Oct-2020 21:50 (11 replies)

Apple Event Oct 13th
Created by FineWine, last reply by mattwnz on 27-Oct-2020 19:08 (211 replies)
Pages... 13 14 15


Share your favourite musical cover or remake
Created by networkn, last reply by Handsomedan on 27-Oct-2020 15:27 (85 replies)
Pages... 4 5 6


Vodafone Cable internet service speed degradation.
Created by lbishop, last reply by lbishop on 25-Oct-2020 10:49 (17 replies)
Pages... 2