posted by Thom Holwerda on Tue 27th Jun 2006 21:23 UTC
IconMarvell Technology Group and Intel Corporation have signed an agreement for Intel to sell its communications and application processor business to Marvell for a purchase price of USD 600 million plus the assumption by Marvell of certain liabilities. Intel's communications and application processor business develops and sells processors for handheld devices including smartphones and PDAs.
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