Intel to acquire wireless assets of Mindspeed Technologies

Acquisitions

Summary

Intel is taking steps to acquire wireless assets in order to compete with chip rivals such as Qualcomm and Mellanox in the mobile device and data center market. Intel on Monday announced that it had agreed to buy the wireless assets of Mindspeed Technologies, which offers base-station hardware. Intel has been taking on data center and wireless technology by acquiring business units or intellectual property from other companies. "Through this acquisition, Intel will gain a wireless infrastructure team with deep experience in delivering signal processing-related technologies and IP for base stations," wrote Rose Schooler, vice president and general manager of Intels Communications and Storage Infrastructure Group, in a blog entry. Agam Shah covers PCs, tablets, servers, chips and semiconductors for IDG News Service.

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