Apple buys Intel's smartphone modem unit in $1 billion deal

clock • 3 min read

The deal covers about 2,200 Intel employees, intellectual property, leases and equipment

Apple is to acquire Intel's smartphone modem business in a $1 billion deal. The transaction, which had been anticipated earlier this week, is expected to close in the fourth quarter of 2019, sub...

To continue reading this article...

Join Computing

  • Unlimited access to real-time news, analysis and opinion from the technology industry
  • Receive important and breaking news in our daily newsletter
  • Be the first to hear about our events and awards programmes
  • Join live member only interviews with IT leaders at the ‘IT Lounge’; your chance to ask your burning tech questions and have them answered
  • Access to the Computing Delta hub providing market intelligence and research
  • Receive our members-only newsletter with exclusive opinion pieces from senior IT Leaders

Join now

 

Already a Computing member?

Login

You may also like
 Apple warns users of 'mercenary spyware'

Hacking

Highly targeted message sent to users in 92 countries

clock 11 April 2024 • 1 min read
EU probes Apple, Google and Meta for DMA violations

Compliance

'We can't just sit around and wait,' says EU industry chief Thierry Breton

clock 26 March 2024 • 4 min read

Sign up to our newsletter

The best news, stories, features and photos from the day in one perfectly formed email.

More on Hardware

Oxford team claims secure 'quantum computing from home' breakthrough

Oxford team claims secure 'quantum computing from home' breakthrough

Verifiable blind quantum computing promises ultra-secure access to cloud quantum services

clock 12 April 2024 • 2 min read
 Researchers create autonomous drones that chat like people and grab with hands

Researchers create autonomous drones that chat like people and grab with hands

Capable of 'thinking, entity control and environmental awareness'

Mark Ballard
clock 07 November 2023 • 3 min read
IT leaders must be hands-off helicopter parents

IT leaders must be hands-off helicopter parents

CIO panel agrees: Employees want IT to do everything, but they don't want to see it

Tom Allen
clock 14 September 2023 • 3 min read