Intel to buy Infineon's wireless unit for $1.4 billion

By Jos
Aug 30, 2010
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  1. Less than two weeks after announcing its planned McAfee acquisition, the largest in the company's history, Intel has agreed to buy Infineon Technologies' Wireless Solutions business for approximately $1.4 billion. The Germany-based maker of 3G, 4G, WiMAX and Wi-Fi products will reportedly give Intel up to four years of research and development time as well as a powerful foothold in the fast growing market for smartphone chips.

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