>US technology company Intel Corporation has acquired a portfolio of more than 1,000 patents and patent applications.
California-based Intel bought the patents from the Gores Group private equity firm, which obtained them when telecommunications company Powerwave Technologies went bust last year.
Terms of the agreement were not disclosed but Intel said it was “definitive” and included around 1,400 patents and applications.
According to Intel, which announced the deal yesterday, (September 10), the patents relate to telecommunications infrastructure technologies.
These include tower mounted amplifiers, antenna structures, power amplifier configurations, and crest and digital pre-distortion circuitry, Intel said.
This isn’t the company’s first telecommunications patent deal. In 2012, it paid $375 million for 1,700 patents from licensing company InterDigital.