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

Intel Mesh Screen. Photo Credit: Mike Blake ReutersIntel Corp has agreed to purchase a software business from Markham-based Pivot Technology Solutions Inc for $27 million, the U.S. chipmaker said on Tuesday.
Categorized in: Business, Information Communications & Technology, Mergers & Acquisitions Posted on: Last updated on: Written by:

Intel Mesh Screen. Photo Credit: Mike Blake ReutersIntel Corp has agreed to purchase a software business from Markham-based Pivot Technology Solutions Inc for $27 million, the U.S. chipmaker said on Tuesday.

Intel said it would buy Smart Edge, a software that helps split up data and store it closer to users to make computing devices respond faster.

Full Article: reuters.com