Intel (INTC) to Acquire $75M Worth of Wi-Fi, Wireline Patents from Aware (AWRE)

April 27, 2012 6:43 AM EDT
Aware, Inc. (Nasdaq: AWRE) has signed an agreement for the sale of selected patents and patent applications to Intel Corporation (Nasdaq: INTC) for approximately $75 million, subject to customary closing conditions and any required regulatory approvals.

The patents and patent applications relate to WiFi (802.11n/ac), LTE and Wireline Home Networking. The sale is part of our patent management operation's efforts to sell and/or license portions of our patent portfolio. Global IP Law Group, LLC represented Aware in this transaction


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