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Plessey Semiconductors announced today that it has agreed to a product licensing agreement with Intel Corporation and a share warrant agreement with Intel Capital. Under the terms of the licensing 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.Michael LeGoff, Managing Director for Plessey, said, “We are delighted to have concluded the licensing and warrant agreements with Intel and Intel Capital and we look forward to working closely with them as Plessey continues to grow its international presence.”

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