Intel to buy Xircom

Intel has announced its intention to acquire computing vendor Xircom in order to boost its mobile computing offerings.

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By  Jon Tullett Published  January 16, 2001

Intel announced it plans to acquire mobile computing vendor Xircom for US$748 million. The deal, expected to be completed within in the current quarter, will flesh out Intel’s mobile computing offerings; Xircom manufactures devices from the credit-card-sized micro-PDA Rex to network access cards for notebooks and handheld computers.

Upon completion of the acquisition, Xircom will become a wholly-owned subsidiary of Intel.

“The acquisition of Xircom provides Intel with a line-up of products and technologies in the fast-growing mobile-computing area,” said Mark Christensen, Intel vice president and general manager of Intel's Network Communications Group.

“Xircom's strengths in small-form-factor design combined with our silicon expertise will allow us to provide customers with new solutions for linking mobile computing devices to corporate wired and wireless networks,” he said.

"The combined strengths of Intel and Xircom will be a tremendous benefit to our customers,” said Dirk Gates, Xircom chief executive officer. “Customers will have access to a more complete line of products and will benefit from the innovation our combined companies will apply to mobile computing and wireless networking."

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