Sony will be acquiring an Israeli chip maker called Altair Semiconductor for $212 million, the handset maker announced in an official press release this week. Altair Semiconductor is known for its advancements with LTE (Long Term Evolution) modems. They've been working on making LTE chips that are faster, with lower power consumption, all while at a lower cost. This possibly means that Sony can deploy LTE technology to markets that may not have it as of yet. The acquisition is slated to be all wrapped up early by February 2016, just a few weeks away.
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