Intel is holding talks with a potential buyer over its wireless patentsWhat you need to know
Intel is holding exclusive talks with one company about purchasing its vast number of patents.
Intel's James Kovacs emailed other interested parties notifying them of the development.
The report goes on to speculate the company in question could be Apple, which is very interested in wireless patents.
That potential buyer is speculated to be Apple.
Intel has been putting off auctioning off over 8,500 wireless patents in lieu of holding a period of exclusive talks with one company about potentially acquiring a substantial portion according to a report from IAM.
According to that note, the stockpile of assets received what is described as "very strong market interest", but the exclusivity that the company had entered into with one party "precludes further engagement with other bidders at this time". The email holds out the prospect that the auction process could be re-opened — presumably if the company fails to finalize a deal — but at this point ...
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Intel is holding talks with a potential buyer over its wireless patents
