Santa Clara, Calif. -- Intel, the Santa Clara-based chip-making giant, said on Monday it will pay $375 million to acquire roughly 1,700 patents and patent applications from Pennsylvania-based wireless technology firm InterDigital. The agreement involves patents primarily related to 3G, LTE and 802.11 technologies. "These patents will support Intel's strategic investments in the mobile segment," said Doug Melamed, Intel's senior vice president and general counsel. "The addition of these patents expands our already large, strong and diverse portfolio of intellectual property." The deal is expected to close in the third quarter.