Intel Buys German LTE Chip Maker

WASHINGTON, August 31, 2010 – Intel has announced that it will purchase German firm Infineon’s wireless chip division. Infineon’s wireless division primarily works with long term evolution, or LTE, technologies.

“The global demand for wireless solutions continues to grow at an extraordinary rate,” said Paul Otellini, Intel president and CEO. “The acquisition of Infineon’s WLS business strengthens the second pillar of our computing strategy – Internet connectivity – and enables us to offer a portfolio of products that covers the full range of wireless options from Wi-Fi and 3G to WiMAX and LTE. As more devices compute and connect to the Internet, we are committed to positioning Intel to take advantage of the growth potential in every computing segment, from laptops to handhelds and beyond.”

Intel is currently a major supporter of WiMax. However, with the rise of LTE, the firm is likely looking to integrate both technologies into its chips.