Mindspeed (MSPD) +4.1% AH on news it has signed an MOU with China Mobile (CHL)  related to the...

|About: Mindspeed Technologies, Inc. (MSPD)|By:, SA News Editor

Mindspeed (MSPD) +4.1% AH on news it has signed an MOU with China Mobile (CHL)  related to the development of "nanocells," a type of mobile infrastructure system that combines a small cell base station with a Wi-Fi access point. The initiative will leverage the 3G and 4G base station processors Mindspeed obtained through its recent acquisition of PicoChip. (PR)