Intel Acquires Egyptian Software Company SySDSoft

Posted Mar 14, 2011

Intel Corporation (NASDAQ:INTC) has acquired SySDSoft, a Cairo, Egypt based software company that will help boost 4G LTE technology. SySDSoft is a private company that creates embedded wireless systems. Intel will hire about 100 of SySDSoft’s engineers and scientists. SySDSoft’s products support WiMAX, WiFi, Bluetooth, CDMA-DO, LTE, and Wireless USB. SySDSoft will be rolled into Intel Mobile Communications. [VentureBeat]