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Apple acquiring Intels smartphone modem business; Intel retains option for non-smartphone apps, including autonomous vehicles; 5G

2019-07-27 11:57:04| Green Car Congress

Tags: business including option apple

 

Apple buys Intel smartphone modem business for USD 1 billion

2019-07-26 07:59:00| Telecompaper Headlines

(Telecompaper) Intel has confirmed an agreement to sell the majority of its smartphone modem business to Apple for USD 1 billion. Around 2,200 employees will transfer to Apple, along with intellectual property, equipment and leases. The deal is expected to close in the fourth quarter, subject to regulatory approvals and other customary conditions. 

Tags: business usd apple intel

 
 

Apple close to USD 1 bln deal to buy Intel modem chip business - report

2019-07-23 08:42:00| Telecompaper Headlines

(Telecompaper) Apple is in advanced talks to buy Intel's smartphone-modem chip business, people familiar with the matter told the Wall Street Journal. A deal to acquire USD 1 billion in assets, including patents and staff, could be reached in the next week, the report said. 

Tags: business report buy close

 

EU launches formal probe into Broadcom exclusivity deals in STB, modem chips market

2019-06-26 12:11:00| Telecompaper Headlines

(Telecompaper) The European Commission has confirmed the start of a formal antitrust investigation into whether Broadcom may be restricting competition through exclusivity practices in sales of its set-top box and modem chipsets. The Commission said initial investigations show the competition violations are serious enough to warrant interim measures against the company until it reaches a final decision in the case. 

Tags: market deals formal modem

 

Apple in talks to buy part of Intel smartphone modem business - report

2019-06-12 08:47:00| Telecompaper Headlines

(Telecompaper) Apple is in talks to buy a key part of Intel's smartphone modem business, four people briefed on the discussions told The Information. The acquisition of the German operations could boost the iPhone maker's plans to internally develop a modem for its devices, the report said. 

Tags: business part report buy

 

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