A system and method for processor sharing between in-range devices. Various aspects of the present invention may comprise establishing a wireless communication link between a first system and a second system, for example, utilizing respective communication modules. A processing capability of the second system that is available for use with the first system may be identified, for example, by respective processing capability identification modules. An indication of the identified processing capability may be output, for example, by respective output modules of at least one of the first and second systems. A request for utilizing the identified processing capability of the second system with the first system may be received, for example, by respective interface modules of at least one of the first and second systems. The requested processing capability of the second system may be utilized with the first system, for example, by respective processing modules of the systems.