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Intel Corp., through its standalone business entity Intel Mobile Communications, on Monday announced that it has acquired most of the assets of SySDSoft, a privately held software company based in Cairo and hired approximately 100 of the company’s electrical engineers and computer scientists. SySDSoft designs IP solutions in the software stack and physical layer domain, and RF/analog circuits embedded in mobile platforms.
“As we enter an era of multi-communication broadband solutions, Intel’s products and technologies will be important to our vision of billions of connected devices,” said Dr. Hermann Eul, president of Intel Mobile Communications.
SySDSoft’s solutions enhance Intel Mobile Communications’ existing multi-communications portfolio, specifically accelerating its 4G LTE efforts with the addition of leading software development and design capabilities. Intel Mobile Communications is an integral part of Intel’s strategy to accelerate always-connected computing platforms founded on energy-efficient performance, Internet connectivity and security, and spanning a variety of device and market segments, including laptops, cars, smart phones, tablets and TVs.
“Intel is making the necessary investments to further enhance its existing world-class wireless product portfolio and to offer the most reliable platforms to our customers that will work seamlessly across a range of global networks. The acquisition supports this strategy and we believe that SySDSoft’s proven and experienced engineering team, combined with Intel Mobile Communications’ existing wireless strength, positions us well for continued growth in LTE," added Mr. Eul.
Tags: Intel, SySDSoft, Business
