Intel and Plessey sign deal

Thursday, 02 February, 2012

Plessey Semiconductors has agreed to a product licensing agreement with Intel and a share warrant agreement with Intel Capital.

Under the terms of the agreement, Plessey will be licensed to manufacture, sell and support a select number of products in Intel’s digital tuner portfolio. The warrant agreement is for an unspecified number of shares in Plessey’s holding company.

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