Intel Corp. (INTC) is stepping up its efforts to establish a bigger presence in the wireless communications market with plans to acquire assets from a division of Mindspeed Technologies. The company said in a blog post on its website that it agreed to purchase “certain assets of the wireless infrastructure division of Mindspeed” to beef up its Intel architecture-based solutions for the mobile network market.
The assets being purchased include technical employees who are expected to help Intel deepen its offerings for the signal processing and base stations market. The company said the acquisition includes a team with deep experience in a section it hopes to use to consolidate the offerings of its Intel Architecture business under the data center group.
In a separate release Mindspeed, a supplier of chips to network equipment OEMs based in Newport Beach, Calif., said it would be selling all the assets of its wireless infrastructure division to Intel, the world’s largest semiconductor supplier. The recent deal builds on a planned merger of Mindspeed with M/A-COM Technology Solutions Holding Inc., announced in November.
The Mindspeed asset transaction is part of plans being implemented by Intel to entrench itself in the wireless communications equipment market. Intel is cobbling together a range of offerings that would give it a stronger position in the market and the Mindspeed asset acquisition would give it the fourth leg for the capabilities the company is building, according to Rose Schooler, vp and general manager of Intel’s communications and storage infrastructure group.
“Through this acquisition, Intel will gain a wireless infrastructure team with deep experience in delivering signal processing-related technologies and IP for base stations. Having this team as part of Intel will accelerate consolidation of the final fourth workload on Intel technologies, delivering increased value to customers,” said Schooler, in a blog on the company’s website.
“With a unique ability to consolidate all four communication workloads, as well as our existing offerings for Network Function Virtualization and Software Defined Networking, we’re executing on our strategy to deliver flexibility and intelligence throughout the entire network. This is all part of how we at Intel are helping transform the data center and related technologies, a movement that is only just beginning,” added Schooler.
Intel said it will provide additional details about the transaction upon closing the acquisition. The transaction is scheduled for completion in February, according to a statement from Mindspeed.