Intel and Nokia announce strategic relationship to shape next era of Mobile Computing innovation

Tags: Intel (NASDAQ:INTC), Nokia (NYSE:NOK)

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Press release

SANTA CLARA, CALIF., and ESPOO, FINLAND, June 23, 2009 - Further uniting the Internet with mobile phones and computers, Intel Corporation and Nokia today announced a long-term relationship to develop a new class of Intel® Architecture-based mobile computing device and chipset architectures which will combine the performance of powerful computers with high-bandwidth mobile broadband communications and ubiquitous Internet connectivity.

To realize this shared vision, both companies are expanding their longstanding relationship to define a new mobile platform beyond today's smartphones, notebooks and netbooks, enabling the development of a variety of innovative hardware, software and mobile Internet services.

Taking advantage of each company's expertise as leaders in their respective fields, these future standards-based devices will marry the best features and capabilities of the computing and communications worlds and will transform the user experience, bringing incredible mobile applications and always on, always connected wireless Internet access in a user-friendly pocketable form factor.

The Intel and Nokia effort includes collaboration in several open source mobile Linux software projects. Intel will also acquire a Nokia HSPA/3G modem IP license for use in future products.

The companies expect many innovations to result from this collaboration over time.

"This Intel and Nokia collaboration unites and focuses many of the brightest computing and communications minds in the world, and will ultimately deliver open and standards-based technologies, which history shows drive rapid innovation, adoption and consumer choice," said Anand Chandrasekher, Intel Corporation senior vice president and general manager, Ultra Mobility Group. "With the convergence of the Internet and mobility as the team's only barrier, I can only imagine the innovation that will come out of our unique relationship with Nokia. The possibilities are endless."

"Today's announcement represents a significant commitment to work together on the future of mobile computing, and we plan to turn our joint research into action," said Kai Öistämö, Executive Vice President, Devices, Nokia.  "We will explore new ideas in designs, materials and displays that will go far beyond devices and services on the market today.  This collaboration will be compelling not only for our companies, but also for our industries, our partners and, of course, for consumers."