Apple Dials - Up Intel's Modem Biz

If modems are a commodity why did Apple just pay $1B to acquire one? Apple’s acquisition of Intel’s modem business is not only a bargain cost-wise but a great deal for Apple AND Intel from a focus and control perspective. Apple gains 2,200 high-end engineers ready to take modems to the next level, control over a key component in its iPhone products, and over 17,000 wireless patents, while Intel sheds a product and development line that was an increasingly unprofitable distraction. A predictable fallou