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Category: Embedded Business News

Intel Buys Infineon Wireless for $1.4Billion

By Bill Giovino
Sep 6, 2010 - 10:41:55 AM

 
Intel is buying Infineon Wireless Solutions Business for $1.4 billion. Look, no wires!
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Intel Corporation has greed to purchase Infineon's Wireless Solutions Business, nicknamed WLS, for $1.4 Billion in a deal expected to close in 1Q2011.

Intel Corp
Intel Corp
Intel already provides WiFi and 4G WiMAX chipset solutions. This latest acquisition now adds 3G capabilities.

Business at WLS will continue as before, and will operate as a standalone business unit.

When looked at in the context of Intel's recent acquisition of software security firm McAfee, it appears that Intel is seeking to diversify their technology portfolio. In semiconductors it can be seen that Intel wants to own more of the chips in your PC and your smartphone.

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Intel Buys Infineon Wireless for $1.4Billion

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Product data and specifications in this article are the responsibility of the manufacturer. No warrenty is expressed or implied as to the accuracy of manufacturer-supplied data. So there.
 
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