Industry Expert Blogs
The Intel Apple Deal is a Nothingburger!-August 17, 2015 |
The latest Intel rumor that the pro Intel media are flogging is that Intel modems will be in some of the new iPhones. The deal is estimated at around $1B. An “estimated” value of a “rumor” deal is quite funny in itself but let’s take a deeper look at what we are gossiping about here.
Intel got into the 3G/LTE business after acquiring the Infineon wireless division back in 2011. In 2013 Intel also acquired Fujitsu Wireless. “Rumor” has it that the combined cash outlay for these two deals is an “estimated” $2B. I also heard a rumor that Intel bought smaller companies for its wireless effort including $25M for an LTE company in Dresden which was recently closed down. These acquisitions included hundreds of talented engineers (estimate) some of which no longer work at Intel (rumor).