Intel (INTC) and Nokia (NOK) Confirm Relationship For New Era of Mobile Computing
Intel Corporation (Nasdaq: INTC) and Nokia (NYSE: NOK) confirmed they have signed a long-term deal to develop a new class of Intel Architecture-based mobile computing device and chipset architectures.
The companies said the new devices will combine the performance of powerful computers with high-bandwidth mobile broadband communications and ubiquitous Internet connectivity.
The future standards-based devices will marry the best features and capabilities of the computing and communications worlds and will transform the user experience, bringing incredible mobile applications and always on, always connected wireless Internet access in a user-friendly pocketable form factor.
The Intel and Nokia effort includes collaboration in several open source mobile Linux software projects. Intel will also acquire a Nokia HSPA/3G modem IP license for use in future products.
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