ADVFN - Advanced Financial Network.
HOME» NASDAQ » I » INTC Stock Price » INTC Stock News

Intel Share News

 Intel (mm) Stock Price
INTC Stock Price
 Intel (mm) Stock Chart
INTC Stock Chart
 Intel (mm) Stock News
INTC Stock News
 Intel (mm) Company Information
INTC Company Information
 Intel (mm) Stock Trades
INTC Stock Trades

Arm To Create Joint Venture For Smartphones

By Jessica Hodgson Of DOW JONES NEWSWIRES LONDON (Dow Jones) Arm Holdings PLC (ARM.LN), the U.K. semiconductor firm, Tuesday said it planned to create a joint venture with Gemalto N.V. and Giesecke & Devrient to develop a "secure environment" for smartphones, tablets and other devices. Cambridge, England-based Arm said it would own 40% of the joint venture, with Amsterdam-based Gemalto N.V. and Germany's Giesecke & Devrient owning 30% each. All of the companies will contribute assets, including cash, people, patents and intellectual property, with Arm contributing working capital and staff. The U.K. company said the cash it will contribute wouldn't be significant in terms of its overall balance sheet, but didn't elaborate. Arm competes with chip giant Intel Corp. (INTC) in the market for semiconductors to power computers and smartphones. Gemalto provides security software and services for different devices and Giesecke & Devrient makes SIM cards. Although Intel dominates the overall chip market, smartphones and other handheld devices typically use Arm-based chips, mainly because those chips tend to draw less power and allow longer battery life in phones. In recent months, though, Intel has been aggressively trying to move into the handheld market, recently signing a distribution agreement with Google Inc. (GOOG) for its Android smartphone-operating system. -By Jessica Hodgson, Dow Jones Newswires; + 44 7561 424788; jessica.hodgson@dowjones.com

Stock News for Intel (INTC)
DateTimeHeadline
06/24/201616:46:37Annual Report of Employee Stock Plans (11-k)
06/23/201613:20:00Comcast Agrees to Acquire Startup Icontrol Networks
06/22/201603:07:00Deal Set for 'Clash of Clans' -- WSJ
06/21/201609:40:00Samsung to Invest $1.2 Billion in 'Internet of Things' Startups...
06/21/201606:00:00Intel Security Study Reveals Millennials Are More Likely to Unplug...
06/20/201607:55:00Active Equities to Watch in the Technology Sector - Intel, Advanced...
06/16/201610:40:00ASML Paying $3.09 Billion to Buy Taiwan Chip-Tech Firm Hermes...
06/15/201623:40:00Cavium to Buy Networking Products Company QLogic
06/14/201600:41:00McAfee Labs Report Reveals New Mobile App Collusion Threats
06/07/201608:00:00Technology, Public Safety, and Telecommunication Leaders Unite...
06/02/201616:38:35Statement of Changes in Beneficial Ownership (4)
06/02/201616:13:00Intel CEO Takes Heat for Donald Trump Event, Now Canceled
06/02/201610:30:00Tech Industry Research Suggest Bright Future for Augmented and...
06/01/201615:40:00Microsoft to Make Virtual-Reality Software Available to Others
05/30/201620:50:00Trial Set to Open in Legal Battle Pitting H-P, Oracle
05/26/201614:27:00Intel Buys Computer Vision Specialist Itseez
05/26/201613:10:00Intel Capital Restructuring, Won't Sell Portfolio
05/26/201612:58:00Intel Capital Restructuring, Won't Sell Portfolio
05/26/201600:30:00Regeneron Named as Science Talent Search Sponsor
05/25/201616:05:51Statement of Changes in Beneficial Ownership (4)

Intel and other NASDAQ stock quotes are delayed by at least 20 minutes.
All other stock price and quote data is delayed by at least 15 minutes unless otherwise stated. By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Contact Us | Copyright 1999-2015 ADVFN PLC. | Privacy Policy | Investment Warning | Data accreditations | Investor Relations

ADVFNADVFN ItalyADVFN GermanyADVFN FranceADVFN BrazilADVFN JapanADVFN UKADVFN US noad