Sony to Buy Israel's Altair Semiconductor for $220M

(Times of Israel) David Shamah - Japanese conglomerate Sony is buying Altair Semiconductor for $220 million. The Israeli company is a developer of 4G (LTE) chips for devices. The 4G communications standard is considered by telecom pros to be the next big thing in cellphone data communications. Currently, most people still use devices that support the 3G standard, while 4G is up to ten times faster.


2016-01-22 00:00:00

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