Intel is to acquire a minority stake in barcode scanning device maker Symbol Technologies for $100 million as part of a deal to develop wireless networking products.
The chip giant said at its developer's forum in Palm Springs on Monday that it will take a 1.5 per cent stake in Symbol to boost its networking portfolio as it tries to cash in on the wireless craze.
The multi-year deal will include the donation of more than 200 silicon, hardware and software engineers, and marketing and sales professionals to develop wireless high speed local area networking (Lan) technologies.
The aim is to enable mobile, handheld and desktop computers to communicate with both corporate networks and the Internet without requiring a direct wire connection.
The engineers will focus on developing silicon, adapter cards and the accesspoints or devices that serve as a central base station or gateway to wirednetworks.
Intel said it also planned to sell the underlying silicon chips for building wireless capabilities into other products.
The jointly developed offerings will be based on the IEEE 802.11 wirelessnetworking standard and will include 2.4Gb and 5.2Gb wireless Lan technology. They are due to ship by the end of the year.
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