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Apple completes acquisition of Intel's mobile modem business
short by Dharna / on 03 Dec 2019,Tuesday
Chipmaker Intel has finished the sale of the majority of its smartphone modem business to Apple, in a deal announced in July and valued at $1 billion. While Intel still retains its computer modem business, the deal allowed Apple to acquire Intel's 2,200 employees, patents, equipment and leases. Intel had claimed Qualcomm's anti-competitive practices forced it to sell the business.
short by Dharna / 10:42 am on 03 Dec
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