Acquiring Company
Apple
Acquired Company
Intel Corporation
CupertinoSanta ClaraManufacturingManufacturingSoftwareDescription
Apple has officially announced its acquisition of Intel's smartphone modem business for $1 billion. This strategic move allows Apple to gain control over modem technology critical for future iPhones. More than 2,000 Intel employees will join Apple, providing essential expertise and patents. The deal marks Apple's second-largest acquisition ever.
Don't miss Apple's next move
Get an email the moment Apple makes an acquisition, hires an exec, or expands, usually minutes after it happens.
One email per event. Unsubscribe anytime.
Related People
M&A Insights
Based on deal dataFrequently asked
Who acquired Intel Corporation?
Intel Corporation was acquired by Apple, based in Cupertino. The deal was reported on August 23, 2026. Apple Inc. is a multinational technology company specializing in designing, manufacturing, and selling consumer electronics, software, and online services. Apple is publicly traded (AAPL) and operates in Manufacturing.
When did Apple acquire Intel Corporation?
Apple's acquisition of Intel Corporation was reported on August 23, 2026. Apple has officially announced its acquisition of Intel's smartphone modem business for $1 billion. This strategic move allows Apple to gain control over modem technology critical for future iPhones. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Intel Corporation do?
Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. The company continuously works to advance the design and manufacturing of semiconductors to help address customers’ greatest challenges. It is privately held, operating in Manufacturing, and is based in Santa Clara.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick. $29 a month, billed annually, and if it does not pay for itself in a year we refund it.