Intel Buys ST-Ericsson’s GPS Business

ST-Ericsson has revealed that it has sold its mobile GPS business to Intel for an undisclosed sum. ST-Ericsson is a joint venture between STMicroelectronics and Ericsson. The two parent companies revealed earlier this year that they were preparing to wind the struggling venture down. ST-Ericsson’s GPS-related assets and engineers will be added to Intel’s existing […]