Acquisition History / Apple / Intel's smartphone modem business

Apple Acquires Intel's smartphone modem business

Announced July 25, 2019 — $1B

AppleSmartphone modems2019

What happened

Acquired by Apple (Smartphone modems); technology/product used in or became Apple SoC.

Acquirer
Apple
Target
Intel's smartphone modem business
Announced
July 25, 2019
Price
$1B
Industry
Smartphone modems

By the numbers

Apple's acquisition history
107th of 136 tracked deals
Disclosed prices
42 of 136 Apple deals
Apple's average disclosed price
$270.6M
Apple's largest disclosed deal
Beats Electronics ($3B)
Tracked acquisitions in 2019
63 across all acquirers
Apple in Smartphone modems
1 acquisition

Frequently Asked Questions About This Acquisition

When did Apple acquire Intel's smartphone modem business?

Apple acquired Intel's smartphone modem business on July 25, 2019. This was Apple's 107th publicly tracked acquisition out of 136 we have on record.

How much did Apple pay for Intel's smartphone modem business?

Apple paid $1B for Intel's smartphone modem business.

What does Intel's smartphone modem business do?

Acquired by Apple (Smartphone modems); technology/product used in or became Apple SoC.

What other Smartphone modems companies has Apple acquired?

Intel's smartphone modem business is Apple's only publicly tracked acquisition in Smartphone modems so far.

Read the full article →

More Apple acquisitions

See all 136 Apple acquisitions →