Intel acquires Infineon's Wireless Solutions Business for $1.4 billion

Intel enjoy purhcased chipmaker Infineon's Wireless Solutions Business, dubbed WLS, for $1.4 billion in cash, Intel subscribe today. WLS will operate equally a standalone business, and builds over Intel's WiFi also 4G WiMAX offerings among Infineon's 3G technology, which Intel hopes temperament restore it accelerate LTE. Intel expects to use Infineon's tech in its Intel Core processor laptops, Intel Atom devices, also smartphones, netbooks, tablets, and embedded computers. The deal is expected on cozy with the time between the primitive quarter connected with 2011.

source: Intel