*Intel to buy IP from Nokia
*Intel, Nokia to collaborate on mobile technology
NEW YORK, June 23 (Reuters) - Intel Corp
Under the agreement announced on Tuesday, Intel will buy intellectual property from Nokia related to high-speed wireless technology and the companies also said they plan to collaborate on open-source mobile Linux software projects.
They did not give a specific timeline for the development of products but said they expect "many innovations to result from this collaboration over time."
The companies said they aimed to define "a new mobile platform beyond today's smartphones, notebooks and netbooks" for hardware, software and mobile Internet services.
Intel already sells chips for netbooks, a type of no-frills laptop computer, and Nokia has said it would look into the possibly of expanding beyond phones to develop netbooks. (Reporting by Sinead Carew; Editing by Tim Dobbyn)