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Intel to buy Infineon’s wireless unit for $1.4

Intel to buy Infineon’s wireless unit for $1.4

Affordable Care Act Essay Intel has agreed to acquire Infineon Technologies’ Wireless Solutions business for approximately $1.4 billion, the companies announced late Sunday, as the world’s largest chipmaker seeks to boost its presence in smartphones. Write A Research Paper In A Day  “The global demand for wireless solutions continues to grow at an extraordinary rate,” Intel CEO Paul Otellini said in a statement. “The acquisition of Infineon’s WLS (Wireless Solutions) business strengthens the second pillar of our computing strategy–Internet connectivity–and enables us to offer a portfolio of products that covers the full range of wireless options from Wi-Fi and 3G to WiMax and LTE (4G).”

Do My Homework For Infineon ranked fourth in cellular-baseband shipments last year with a 10.7 percent unit share, according to a recent report from The Linley Group. Baseband chips enable wireless broadband, or 3G, on smartphones and tablets.

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