Maybe Lawrence Latif know more about the Infineon wireless baseband and RF-SOCs than I do... My exposure is that their devices that have the stack for cellular services are all ARM based.

This is not an ARM play - this is a Qualcomm/MediaTek/STE/Broadcom play; The Harvard chap looks to have another data point to validate his thesis; the CPU moving down in perf/power cannot compete with the baseband and app processor ICs moving up into the smartphone/computer/media-tablet.

I'm sure that it's a complete coincidence that the chips are heavily used by Atom competitors, in a space where Intel really wants to push Atom, and that it has nothing to do with this deal.