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March 14, 2011 04:42 pm GMT

Intel Buys Egypt-Based SySDSoft To Boost Its 4G LTE Efforts

Intel, through stand-alone subsidiary Intel Mobile Communications, today announced that it has acquired most of the assets of SySDSoft, a Cairo, Egypt-based software company to accelerate its 4G LTE efforts.The privately-held company develops embedded wireless systems. Intel says it will hire roughly 100 of SySDSoft's electrical engineers and computer scientists.

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