A few days ago the newspaper The Wall Street Journal, citing informed sources reported about the intention of Apple to acquire the modem business to Intel for $ 1 billion. Today, the cupertinos have officially confirmed this information. The deal should be completed in the fourth quarter of this year.

Under the agreement, Apple receives all of the Intel patents related to the development of modems and equipment, as well as about 2 200 skilled employees of Intel.

Such a large acquisition will allow Apple company to create their own modems to their smartphones, tablets, smartwatches, and other devices. When exactly Apple will switch to their own products, hard to say. Experts are of the opinion that in the near future, the cupertinos will continue to use Qualcomm modems.

As for Intel, the sale of modem business does not mean that the chip maker will no longer produce the modems. The company plans to focus on developing modems for computers and unmanned vehicles.

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