Intel has confirmed that it is the buyer of the ST-Ericsson’s global navigation satellite system (GNSS) business, after the sale was announced Tuesday. ST-Ericsson, the joint venture between STMicroelectronics and Ericsson, said Tuesday that a “leading semiconductor company” had bought its mobile connectivity GNSS unit. This includes personal receivers that interact with GPS technology and Glonass — a radio-based satellite navigation system operated by the Russian Aerospace Defense Forces. Read More