Intel to pay $1.4B for Infineon's wireless biz, says it will continue support for ARM-based customers
Intel's at it again! They're paying $1.4B for Infineon's wireless business. We've seen this movie before, though this time the business is a firmly established vendor and Intel appears to be willing to be "hands-off" for at least a little while. Both points bode well for Intel, who has struggled to digest previous wireless and wireline acquisitions and make them both profitable AND a part of the Intel brand.
It is clear that Intel (and AMD, for that matter) NEED to expand beyond the PC processor market if they are going to continue to grow. Let's face it: the world is becoming more mobile. There are MORE processors out there than ever before, but a very small percentage of them are incorporated into TRADITIONAL computing platforms. THAT's where the growth, revenue and profit are, if you can just make the fastest, most power-miserly, properly featured "brain".
Good luck and godspeed, Intel. You're gonna need it!