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Apple just bought Intel’s smartphone modem business to prepare for 5G


If there’s one thing we know about Apple, it’s the company likes to do things its own way. Case in point: the company today announced it has acquired the “majority” of Intel’s cellular modem business. The $1 billion deal involves a transfer of some 2,200 Intel employees, as well as intellectual property, equipment, and leases. The deal is expected to close in the fourth quarter of 2019. According to Apple: Combining the acquired patents for current and future wireless technology with Apple’s existing portfolio, Apple will hold over 17,000 wireless technology patents, ranging from protocols for cellular standards to modem…

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