Intel Corporation (NASDAQ:INTC) to own wireless assets from Mindspeed Technologies, Inc. (NASDAQ:MSPD). On Monday morning, Intel announced their agreement to acquire assets from the new technologies. Intel could use these technologies for processing tasks in the data center and transmitting data over wireless networks.
Intel’s big deal
In November, Intel completed negotiations to acquire assets from MT after reaching an agreement with M/A-COM Technology Solutions Holdings (NASDAQ:MTSI). Intel Corporation (NASDAQ:INTC) has been in the process of acquiring more data center and wireless technologies. The chip maker is trying to make their mark in the world of mobile technology.
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A recent blog post from Intel explains the deal further:
“During the past several years, our Communications and Storage Infrastructure Group, part of our Data Center Group, has made tremendous strides toward providing customers with a common platform for consolidating communication workloads processing on IA, thereby increasing customers’ reuse and reducing total cost of ownership. For the carriers, the ability to use general purpose computing to process networking workloads allows service providers to quickly deploy more flexible and scalable infrastructure, reducing provisioning time for services, and improving user experiences. The worlds of Information Technology and Communications Technology are converging. The scalability, flexibility and operating expenses of “classic” data centers have become a role model for carrier network operators looking to improve their economic profile. IT technologies and approaches are increasingly being used throughout telecom infrastructure used to manage our phone calls, provide wireless access, route traffic, and enable internet surfing on mobile devices using 3G or 4G.”
Intel wants to improve technology
The post added that there are extra workloads which need to be processed but these require certain capabilities that are focused on both packet and signal processing. Currently, Intel Corporation (NASDAQ:INTC)’s platforms have three of four processing workloads including the following: control processing, application processing, and packet processing. It is said their ultimate goal is to run four workloads simultaneously on IA and the company has already made great strides to doing just that with a collaboration with SKT and China Mobile Ltd. (ADR) (NYSE:CHL) (HKG:0941).