DigitalCIO
No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
DigitalCIO
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
No Result
View All Result
Digitalcio
No Result
View All Result
Home Archive

Apple may buy Intel’s modem business for $1bn

DigitalCIO Bureau by DigitalCIO Bureau
July 23, 2019
in Archive
0
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Source: IANS

Apple which is looking to buy Intel’s modem division since last year is reportedly in “advanced stage” to strike a deal for $1 billion.

Apple which is looking to buy Intel’s modem division since last year is reportedly in “advanced stage” to strike a deal for $1 billion.

It was reported last month that the Cupertino-based iPhone maker is in talks to buy part of Intel’s modem business.

The latest report in Wall Street Journal details that an agreement “could be reached in the next week” if the talks don’t fall apart, reports TechCrunch.

Apple has been working on its own chips for quite some time. Acquiring Intel’s technology could help the iPhone maker accelerate its plans.

Intel on April 16 said it plans to cease working on modems for 5G, the next-generation of wireless technology expected to supercharge mobile connections.

Intel confirmed that the “surprise” settlement between Qualcomm and Apple – once pitted against each other over patent violation issues — pushed it to exit the mobile 5G race.

“In light of the announcement of Apple and Qualcomm, we assessed the prospects for us to make money while delivering this technology for smartphones and concluded at the time that we just did not see a path,” said Bob Swan, Intel CEO.

Apple may have paid chip-maker Qualcomm somewhere between $5 billion-$6 billion for an agreement to dismiss all ongoing litigations, including those with Apple’s contract manufacturers.

Intel had been working on a chipset for the iPhone maker, with the chip expected to be part of iPhones by 2020.

Share30Tweet19
DigitalCIO Bureau

DigitalCIO Bureau

Recommended For You

SE Labs Award Validates NetApp’s Status as the World’s Most Secure Storage

by DigitalCIO Bureau
July 8, 2025
0

NetApp has announced that it was recognized as a standout performer in cybersecurity in the SE LABS  Awards 2025. NetApp won the 2025 SE Labs Award for Enterprise...

Read moreDetails

India’s Digital Identity Surge Comes with Rising Concerns Around AI and Trust: Okta Report

by DigitalCIO Bureau
July 3, 2025
0
The Evolving Role of AI in Data Protection

Indian consumers continue to rapidly adopt digital technologies while navigating unique challenges in trust and security, reveals the 2025 Customer Identity Trends Report from Okta, The World’s Identity...

Read moreDetails

Pax8 Introduces Era of Managed Intelligence

by DigitalCIO Bureau
June 19, 2025
0
Pax8 Introduces Era of Managed Intelligence

Pax8 has released its inaugural research report, The Agentic Inflection Point: And the Rise of the Managed Intelligence Provider. The comprehensive study defines the future of small-to-midsized business (SMB) operations, transformed...

Read moreDetails

Barracuda Unveils AI-Powered Cybersecurity Platform BarracudaONE in India

by DigitalCIO Bureau
June 3, 2025
0

Barracuda Networks has unveiled the BarracudaONE AI-powered cybersecurity platform. BarracudaONE maximizes threat protection and cyber resilience by unifying layered security defenses and providing deep, intelligent threat detection and response for...

Read moreDetails

Check Point Acquires Veriti To Minimize Digital Vulnerabilities

by DigitalCIO Bureau
May 28, 2025
0
Check Point Acquires Veriti To Minimize Digital Vulnerabilities

Check Point Software Technologies has announced a definitive agreement to acquire Veriti Cybersecurity, the first fully automated, multi-vendor pre-emptive threat exposure and mitigation platform. “The acquisition of Veriti...

Read moreDetails
Next Post

Why Facebook have to Pay $5 Billion Fine for Privacy Violations

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Related News

Optiva delivers SaaS BSS platform on the Public Cloud

September 30, 2019
Ministry of Education, AICTE and Microsoft Collaborate to Equip Students with Skills

Ministry of Education, AICTE and Microsoft Collaborate to Equip Students with Skills

September 26, 2023
Sophos Survey Finds $3M Median Recovery Costs For Energy And Water Sectors

89% Of IT Leaders Worry About Generative AI Flaws: Sophos

February 3, 2025

Browse by Category

  • Acquisition
  • Appointment
  • Archive
  • Artificial Intelligence
  • CIO Interviews
  • Cloud
  • Datacenter
  • Events and Conferences
  • Market Insights
  • News
  • Opinion and Analysis
  • Products
  • Resources
  • Security
  • Storage
  • Tech News
  • Telecom
Digitalcio

Welcome to DigitalCIO, your ultimate source for staying ahead in the ever-evolving world of technology and business.

BROWSE BY TAG

Acquisition AI Appointment artificial intelligence Artificial Intelligence and Machine Learning AWS Barracuda Big Data and Analytics Blockchain CISCO Cloud Computing Cloudflare Commvault CrowdStrike Cybersecurity Digital Transformation Dynatrace E-books Fortinet Gartner GenAI Generative AI Google Cloud HCLTech Honeywell IBM Infographics Internet of Things (IoT) Kaspersky Microsoft Netskope NTT DATA Palo Alto Networks Panel Discussion Qlik Salesforce ServiceNow Sophos Tenable Trend Micro Veeam Veeam Software Webinars Whitepaper Zscaler

CATEGORIES

  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources
  • Archive

NAVIGATION

  • Home
  • About Us
  • Advertise with Us
  • Contact Us

© 2024 digitalcio.in - All rights reserved.

No Result
View All Result
  • Home
  • Tech News
  • Market Insights
  • CIO Interviews
  • Events and Conferences
  • Opinion and Analysis
  • Resources

© 2024 digitalcio.in - All rights reserved.

Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?