Intel buys software business from Canada's Pivot Technology in 5G push

REUTERS: Intel Corp has agreed to purchase a software business from Toronto-based Pivot Technology Solutions Inc for US$27 million, the U.S. chipmaker said on Tuesday.

According to Pivot's securities filings, Smart Edge did not generate significant revenue in the first six months of 2019, but made a loss of about US$1 million before depreciation and amortization. Pivot, which has a market value of about US$43 million, was issued a U.S. patent on Smart Edge's technology in July.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Santos to buy ConocoPhillips northern Australia business for US$1.39 billionAustralian oil and gas producer Santos Ltd on Monday said it would acquire the northern Australia business of ConocoPhillips , the world's ...
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »