Apple Reportedly Planning to Acquire Intel’s Modem Business for More Than a Billion Dollars

Posted on July 23, 2019 by Mehedi Hassan in Apple, iOS with 7 Comments

Apple could be purchasing Intel’s modem business as early as next week. A new report from the Wall Street Journal claims that Apple and Intel are in “advanced talks” to acquire Intel’s smartphone modem business.

The acquisition would give Apple access to all of Intel’s talent that’s worked on the company’s modem business for years. The deal would also give access to all of Intel’s patents which would be critical for Cupertino to build its own smartphone modems.

The $1 billion+ deal makes a lot of sense for Apple. The company has had a big fallout with Qualcomm recently, and Intel also pulling out of the 5G modem business has slowed down Apple’s plans for getting 5G on the iPhone. With leading Android phone makers–including the likes of Samsung–already starting to sell 5G phones, Apple should be in a rush to get 5G on the iPhone.

Details about the acquisition are still kind of unclear, though that will probably be all clear once both the companies make it official. And with WSJ saying the companies could reach an agreement as early as next week, we won’t have to wait too long.

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Comments (7)

7 responses to “Apple Reportedly Planning to Acquire Intel’s Modem Business for More Than a Billion Dollars”

  1. Avatar

    glenn8878

    I wonder if the modem patent deal will bleed into CPUs. Maybe Apple can make something out of it, but it will take awhile.

  2. Avatar

    jchampeau

    I think you mean "falling out," unless "fallout" means something different in your part of the world. And I think you might have forgotten that Apple and Qualcomm settled their disputes.

  3. Avatar

    MikeGalos

    "The acquisition would give Apple access to all of Intel’s talent that’s [sic] worked on the company’s modem business for years. "


    No. It gets the ones Apple wants to keep for only as long as these former Intel employees feel like staying as Apple employees. In acquisitions, when the acquired company was doing fine, frequently the key people jump ship as soon as they can. It isn't like slavery where you bought the employees when you bought the plantation.

  4. Avatar

    bbold

    A billion dollars is nothing to Apple. Apple is currently worth around 750 billion dollars, so this is like 1/750th of their profits. I think it's a wise idea, if Apple has the capacity to innovate faster than Intel? Only time will tell.

  5. Avatar

    dontbe evil

    I bet was their plan since the begin

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