Infineon sells wireless group to Intel for 1.4 billion USD
Intel Corp. is buying German chipmaker Infineon Technologies? Wireless Solutions Business (WLS) for $1.4 billion, in a deal that marks Intel?s second major acquisition in the past two weeks.The move is part of Intel?s strategy to expand its reach into the lucrative mobile phone market. ?The WLS transaction is a strategic decision for Intel and Infineon,? Intel in a statement on its website. ?WLS complements Intel?s existing assets and enables growth in mobile computing, smartphones and embedded computing.?Infineon?s wireless unit makes the chips used in smartphones such as Apple Inc.'s iPhone and other mobile devices. Intel had seen only limited success in getting its processors into mobile phones.The all-cash acquisition would give Intel the technology to produce chips for smartphones and other small devices that do not drain batteries as quickly. That know-how is particularly important for chips built around the low-power ARM architecture commonly used in mobile phones."The global demand for wireless
Infineon sells wireless group to Intel for 1.4 billion USD
German chip maker Infineon said Monday it had sold its wireless division to US technology giant Intel in a deal valued at approximately 1.4 billion dollars (786 million euros).
Mon 30 Aug 10 from PhysOrg
Intel snaps up Infineon's Wireless business
Intel has acquired Infineon's Wireless Solutions (WLS) business for a cool $1.4 billion. The unit - which is expected to operate as a "standalone" entity - will allow Intel to significantly ...
Mon 30 Aug 10 from TG Daily
Intel: $1.4B for Infineon
Intel today announced a $1.4 billion acquisition of Infineon Technologies AG’s wireless unit. It comes less than two weeks after Intel announced it would buy McAfee for $7.68 billion. ...
Mon 30 Aug 10 from dailywireless.org
Intel buying German chipmaker's wireless unit
By SAMANTHA BOMKAMP and GEIR MOULSON 2010-08-30T14:40:22Z NEW YORK (AP) -- Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash, ...
Mon 30 Aug 10 from AP
Intel buying German chipmaker's wireless unit, Mon 30 Aug 10 from R&D Mag
Intel snags wireless unit of chip maker Infineon
Let's hope that Intel doesn't try to slap those impossible to remove "Intel Inside" stickers on smartphones following the chip maker's $1.4 billion ...
Mon 30 Aug 10 from USA today
Intel acquires Infineon's Wireless Solutions Business For $1.4 billion
You know Infineon, right? They make those tiny baseband chips inside smartphones (like the iPhone 3G). You know, the chips responsible for communicating with the cell towers on your network. ...
Mon 30 Aug 10 from TechCrunch
Intel Acquires Infineon's Wireless Unit
Intel Corp. is buying German chipmaker Infineon Technologies? Wireless Solutions Business (WLS) for $1.4 billion, in a deal that marks Intel?s second major acquisition in the past two weeks.The ...
Tue 31 Aug 10 from RedOrbit
Summary Box: Intel buying wireless business
THE DEAL: Intel Corp. is buying the wireless communications unit of Germany's Infineon Technologies AG for $1.4 billion in cash.WHAT UNIT PROVIDES: Intel gets a piece of the growing smart phone ...
Mon 30 Aug 10 from R&D Mag
Intel buying Infineon's wireless operations
German chipmaker Infineon Technologies AG is selling a unit that makes products for wireless telephones to California's Intel Corp. in a $1.4 billion cash deal, the companies said Monday.Germany's ...
Mon 30 Aug 10 from R&D Mag
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