webpronews.com
Intel Pays $1.4 Billion for Infineon Wireless Solutions
Intel has acquired Infineon's Wirless Solutions (WLS) business for $1.4 billion. WLS, which provides cellular platforms to global phone makers, will operate as a standalone business, and will continue to serve its existing customers. Intel says WLS will also contribute to its strategy to make connected computing ubiquitous across laptops, smartphones, and embedded computing.
Chris Crum