Intel’s buying spree continues

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Intel's buying spree continues

Intel has announced plans to acquire modem maker Ambient Technologies and chip designer ThinkIt Technologies of India.

The deals mark the latest in Intel’s series of purchases involving communications-related businesses, an investment totaling more than $5 billion.

Ambient is primarily known for its V.90-compatible analog modems, but has under development a new chip set for a modem that would support both V.90 analog and high-speed DSL access.

Thinkit Technologies specializes in advanced design for chips used in networking and communications products, such as switches and routers. The story is posted at www.zdnn.com.

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