Intel to acquire wireless assets of Mindspeed Technologies

Intel gets wireless base-station expertise with acquisition

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. The assets will help Intel products process tasks in the data center and transmit data over wireless networks to mobile devices.

Intel got into negotiations to acquire the wireless assets after Mindspeed reached an agreement last month to be acquired by M/A-COM Technology Solutions Holdings for an equity value of US$272 million, or $5.05 a share.

Intel has been taking on data center and wireless technology by acquiring business units or intellectual property from other companies. Intel in 2011 completed the acquisition of Infineon Technologies' wireless division for $1.4 billion. The acquisition gave Intel the ability to build communications chips. Intel is now offering 3G and LTE modems for phone makers. The chip maker also hopes to integrate the modem technology inside its low-power Atom chips, much like Qualcomm is doing with Snapdragon chips.

In addition to bringing communication capabilities to mobile devices, Intel is also building up its data center assets to serve the mobile market. Mindspeed's technology will fit into base stations and communications equipment.

"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 Intel's Communications and Storage Infrastructure Group, in a blog entry.

Terms of the deal were not disclosed, and the company did not say when the acquisition would close.

Agam Shah covers PCs, tablets, servers, chips and semiconductors for IDG News Service. Follow Agam on Twitter at @agamsh. Agam's e-mail address is agam_shah@idg.com

Join the newsletter!

Error: Please check your email address.
Rocket to Success - Your 10 Tips for Smarter ERP System Selection

Tags business issuesintelMergers and acquisitions

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Agam Shah

IDG News Service
Show Comments

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Ben Ramsden

Sharp PN-40TC1 Huddle Board

Brainstorming, innovation, problem solving, and negotiation have all become much more productive and valuable if people can easily collaborate in real time with minimal friction.

Sarah Ieroianni

Brother QL-820NWB Professional Label Printer

The print quality also does not disappoint, it’s clear, bold, doesn’t smudge and the text is perfectly sized.

Ratchada Dunn

Sharp PN-40TC1 Huddle Board

The Huddle Board’s built in program; Sharp Touch Viewing software allows us to easily manipulate and edit our documents (jpegs and PDFs) all at the same time on the dashboard.

George Khoury

Sharp PN-40TC1 Huddle Board

The biggest perks for me would be that it comes with easy to use and comprehensive programs that make the collaboration process a whole lot more intuitive and organic

David Coyle

Brother PocketJet PJ-773 A4 Portable Thermal Printer

I rate the printer as a 5 out of 5 stars as it has been able to fit seamlessly into my busy and mobile lifestyle.

Kurt Hegetschweiler

Brother PocketJet PJ-773 A4 Portable Thermal Printer

It’s perfect for mobile workers. Just take it out — it’s small enough to sit anywhere — turn it on, load a sheet of paper, and start printing.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?