iPad & iPhone User - USA (2019-08)

NEWS

The deal provides a huge boost to Apple’s wireless patent

portfolio. Jason Cross reports

A

pple has announced that it plans to buy

the “majority of Intel’s smartphone modem

business”, following recent rumours to that

effect. The deal will cost Apple about one billion dollars,

and should close in the fourth quarter of this year,

subject to regulatory approval. For the price, Apple will

acquire approximately 2,200 Intel employees along

with intellectual property, equipment, and leases. The

Apple’s $1bn Intel purchase

NEWS

Thedealprovidesa hugeboosttoApple’swirelesspatent

portfolio.Jason Cross reports

A

pplehasannouncedthatit planstobuy

the“majorityofIntel’ssmartphonemodem

business”,followingrecentrumourstothat

effect.ThedealwillcostAppleaboutonebilliondollars,

andshouldcloseinthefourthquarterofthisyear,

subjecttoregulatoryapproval.Fortheprice,Applewill

acquireapproximately2,200Intelemployeesalong

withintellectualproperty,equipment,andleases.The

Apple’s $1bn Intel purchase