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+ - Femtocell maker Picochip bought by Mindspeed for &->

Submitted by sweetpea86
sweetpea86 (2546266) writes "UK-based femtocell maker Picochip has been snapped up by Mindspeed Technologies, a supplier of semiconductor solutions for network infrastructure applications, for $51.8 million (£33.5m). The two companies intend to merge their respective 3G and 4G technologies and lead the industry’s move toward fixed/mobile broadband convergence.

Picochip currently provides around 70 percent of the chips used to make femtocells, but has had difficulty converting its success in 3G/HSPA into LTE growth. Femtocells are used to beef up 3G network strength,and have been touted as a way to solve the problem of 3G ‘not-spots’, as well as easing strain on mobile networks during London's Olympic Games."

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Femtocell maker Picochip bought by Mindspeed for &

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