Broadcom announced that it will acquire Beceem Communications, designer of a dual-mode 4G wireless chip that supports both LTE and WiMax standards, for $316 million. According to PCWorld.com, the acquisition is a logical one as Beceem's technology will help the chip maker get 4G chips to the market sooner.
Beceem's dual-mode chips could help a vendor like Clearwire, which deploys WiMax but has recently been flirting with LTE. Beceem counts Intel as an investor, notes GigaOM. That wrinkle should make things interesting as Intel, acquired Infineon Technologies earlier this year and competes with Broadcom in the mobile arena, to help it in the smartphone and tablet markets.