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Apple’s purchase of Intel phone modem biz is a done deal

Intel Corporation says it has completed a $1 billion sale of most of its smartphone modem business to Apple. The deal goes down as Apple’s second-biggest acquisition in its 42-year history. Apple will absorb patents, equipment and roughly 2,200 Intel workers. Intel is not entirely out of the modem business. The company will focus its […]

(via Cult of Mac – Tech and culture through an Apple lens)

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