Intel and Nokia to Collaborate on Mobile Devices

Includes: INTC, NOK
by: Eric Savitz

Intel (NASDAQ:INTC) and Nokia (NYSE:NOK) have announced a long-term collaboration to develop a new class of mobile computing chips and devices that will include high-bandwidth mobile communications and ubiquitous Internet connectivity. The companies said they are seeking to define a new mobile platform beyond smart phones, netbooks and notebooks to new types of hardware, software and services.

The companies said the deal includes collaboration on several open source mobile Linux software projects, including the Moblin platform for Atom-based processors and the Maemo platform developed by Nokia. Intel will acquire a Nokia HSPA/3G modem IP license for use in future projects.

The deal fits with Intel’s recently announced agreement to acquire embedded operating system provider Wind River (WIND).

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