Sunday, 05 September 2010




Filed at 3:59 a.m. ET BERLIN (AP) -- 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 Infineon said the sale of the wireless solutions, or WLS, unit would allow it to focus on its core business. Intel said the acquisition would strengthen its hand in Internet connectivity. WLS will operate as a standalone business, the companies said in a joint...
Full Story: The New York Times



 

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