Intel sells XScale business to Marvell for $600m | Reg Hardware
Intel sells XScale business to Marvell for $600m | Reg Hardware: "Intel is to flog off its XScale processor operation, the chip giant said today. The move paves the way for it to push low-power x86 CPUs at mobile phone and PDA makers. The buyer is comms chip company Marvell Technology Group, which is paying $600m cash for the product line and taking on 'certain liabilities'.
The deal covers the full XScale line-up, including the PXA9xx series of mobile phone chips and the PXA27x line aimed at PDAs. Intel has some 1,400 staff working on and around the XScale family, many of whom it expects will leave Intel and join Marvell, Intel said - handy for the chip giant's restructure plans. Selling the business had been forecast by analysts."
