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Intel To Buy Wireless Infrastructure Division of Mindspeed

Intel To Buy Wireless Infrastructure Division of Mindspeed

Enterprise & IT Dec 16,2013 0

Intel has signed a definitive agreement to acquire certain assets of the wireless infrastructure division of Mindspeed Technologies, Inc., the company announced on Monday. Through this acquisition, Intel will gain a wireless infrastructure team with experience in delivering signal processing-related technologies and IP for base stations.

Deal terms were not disclosed and the transaction must meet customary closing conditions. The parties expect the transaction to close in February 2014.

Tags: Intel
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