The article mentions the benefit for developers and the ecosystem. I’d rather be curious to understand the drivers that led to the M&A decision on the buying side.
Tag: merger
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Apple acquiring most of Intel’s smartphone modem business in $1B deal
After Apple only recently announced to partner with Qualcom on 5G modems, Intel quickly decided to cease their efforts in that area. In that market situation, Apple likely landed a bargain on this deal.
Apple has entered into a deal to acquire a majority of Intel’s modem business, TechCrunch has learned. The deal, valued at around $1 billion, includes Intel IP, equipment, leases and employees, with Apple bringing over 2,200 new roles and bringing its portfolio up 17,000 wireless technology patents. “We’ve worked with Intel for many years and know this team shares Apple’s passion for designing technologies that deliver the world’s best experiences for our users,” Apple SVP Johny Srouji said in a release tied to the news. “Apple is excited to have so many excellent engineers join our growing cellular technologies group, and know they’ll thrive in Apple’s creative and dynamic environment.
Source: Apple acquiring most of Intel’s smartphone modem business in $1B deal
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T-Mobile received clearance to merge with Sprint
T-Mobile has received clearance from the DOJ to complete its $26.5 billion merger with Sprint (S, TMUS)
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IBM übernimmt Green Hat
computerwoche.de: Testing in der Cloud: IBM übernimmt Green Hat
Green Hat stellt wohl virtuelle Testumgebungen für Software her.