The chipmaker will buy Smart Edge, which increases computing speeds by splitting up data and storing it closer to users. Pivot is signing a preferred partner agreement with Intel, which makes the Canadian tech company an authorized reseller of Smart Edge software. (The Logic)

Talking point: This deal is a key part of Intel’s new push into 5G tech after Apple bought most of its modem business in July. It hasn’t traditionally focused on telecommunications networks, but shortly after closing the deal with Apple, Intel CEO Bob Swan said his company would be doubling down on 5G. Edge computing is a major focus for the technology, since it helps reduce latency and increase speed. For Pivot, this is an opportunity to offload a business that’s been struggling to grow—according to the firm’s security filings, Smart Edge didn’t generate significant revenue in the first half of this year. Meanwhile, the preferred partner agreement puts Pivot in position to eventually benefit from Intel’s developments of Smart Edge technology.