Chip Shot: Intel Agrees to Acquire Wireless Infrastructure Division of Mindspeed Technologies for Key Network Communications Capabilities

Today Intel announced that it has signed a definitive agreement to acquire certain assets of the wireless infrastructure division of Mindspeed Technologies, Inc. Through this acquisition, Intel will gain a wireless infrastructure team with deep experience in delivering signal processing-related technologies and IP for base stations. Rose Schooler, vice president and general manager of Intel’s Communications and Storage Infrastructure Group discusses the significance of this acquisition in her blog here.