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Intel purchases Infineon’s wireless unit for $1.4 billion, gains access to new chipsets in deal

Processor giant Intel on Monday confirmed its plans to buy Infineon’s wireless division for US$1.4 billion in cash. The deal will see the company’s Wireless Solutions group work as a stand-alone company on Intel’s behalf and will give the company access to both 3G chipsets and a faster path to LTE-based 4G. It plans to […]