Intel Corporation to acquire wireless solutions business of Infineon Technologies
Intel Corporation, a US-based semiconductor chip making company, has entered into a definitive agreement to acquire wireless solutions business of Infineon Technologies AG, a Germany-based designer, developer and manufacturer of semiconductors and system solutions, for approximately $1,400 million in cash.
Intel Corporation has launched a new chip for tablet computers, as the world's most powerful semiconductor company aims to become a contender in the market for mobile chips.