Apple in Talks to Acquire Intel's German Modem Unit [Report]
Posted June 12, 2019 at 1:49am by iClarified
Apple is in talks to acquire Intel's German modem unit, according to a report from The Information.
The German unit is considered a key part of Intel's smartphone modem business. It's acquisition could help speed up Apple's efforts to develop its own modem.
The talks come as Intel considers selling its struggling modem business in pieces. Apple is focusing on one of the strongest pieces of the modem business. While Intel’s modem group is spread across the world, its foundation is in Germany, where the chip maker Infineon, whose modem operations Intel bought in 2011 for $1.4 billion, is based. Any deal with Intel for the business would likely send hundreds of modem engineers to Apple.
Apple has purportedly been in talks to acquire part of Intel's smartphone modem chip business since last summer. The talks purportedly continued for months before halting around the time Apple reached a deal with rival Qualcomm.
Please follow iClarified on Twitter, Facebook, or RSS for further updates.
Read More
The German unit is considered a key part of Intel's smartphone modem business. It's acquisition could help speed up Apple's efforts to develop its own modem.
The talks come as Intel considers selling its struggling modem business in pieces. Apple is focusing on one of the strongest pieces of the modem business. While Intel’s modem group is spread across the world, its foundation is in Germany, where the chip maker Infineon, whose modem operations Intel bought in 2011 for $1.4 billion, is based. Any deal with Intel for the business would likely send hundreds of modem engineers to Apple.
Apple has purportedly been in talks to acquire part of Intel's smartphone modem chip business since last summer. The talks purportedly continued for months before halting around the time Apple reached a deal with rival Qualcomm.
Please follow iClarified on Twitter, Facebook, or RSS for further updates.
Read More