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Mindspeed to sell assets of wireless infrastructure unit to Intel

Mindspeed Technologies (MSPD) announced that it has signed a definitive agreement to sell the assets of its wireless infrastructure business unit to Intel (INTC). The asset sale was contemplated by the agreement and plan of merger with M/A-COM Technology Solutions Holdings (MTSI), announced on November 5. The parties expect the transaction to close in February 2014 subject to satisfaction or waiver of various closing conditions.