Former picoChip unit moving to Intel

picoChip of Bath, which was acquired by MindSpeed last year, is being passed on to Intel.

MindSpeed bought picoChip for $50 million early last year but, last month, was itself bought by M/A Com for $272 million.

Now Intel is about to acquire the wireless assets of MindSpeed which incorporate the femto-cell and small cell technology developed By picoChip at  Bath.

Intel is clearly trying to get a foothold in all aspects of the wireless market and the small cell segment is one where it is lacking a presence.

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