"The acquisition of engineering and design talent from an Egypt-based company in the field of cutting-edge wireless and communication technology is the first of its kind for Intel in the Middle East," said Arvind Sodhani, president, Intel Capital and executive vice president, Intel. "The acquisition shows Intels continued long-term strategic commitment to the region and its appreciation of its young, growing talent pool."
SySDSofts solutions enhance Intel Mobile Communications existing multi-communications portfolio, specifically accelerating its 4G LTE efforts with the addition of software development and design capabilities.
"Intel is making the necessary investments to further enhance its existing world-class wireless product portfolio and to offer the most reliable platforms to our customers that will work seamlessly across a range of global networks. The acquisition supports this strategy and we believe that SySDSofts proven and experienced engineering team, combined with Intel Mobile Communications existing wireless strength, positions us well for continued growth in LTE," said Dr. Hermann Eul, president of Intel Mobile Communications.