Intel Acquires Infineon for $1.4 Billion Cash

[ChocolateDimple]

Intel to buy final piece of the mobile puzzle from Infineon [arstechnica.com]

After nearly a month of rumors foreshadowing the deal, it's now official: Intel is buying Infineon's wireless unit for $1.4 billion in an all-cash transaction that will close in the first quarter of next year.

The reason that Intel is buying Infineon at this point in time is that the company's new 32nm mixed-signal SoC process will enable it to eventually put both the application and baseband blocks on the same chip. So, at some point, Intel will be able to offer what's essentially a complete smartphone on a chip—CPU, GPU, northbridge, I/O hub, analog DSP, and even RF signal processing.

Now I understand why they acquired McAfee.

[lorax]

And from the source: [infineon.com...]

[lorax]

Anyone care to speculate on the possible end products Intel has their eye on? Are they aiming to corner the mobile eCommerce experience?

[Trax]

they only bought the wireless unit. thread title way wrong. takes a bit more than 1.4bn to buy Infineon

[Hugene]

1.4bn all cash is a lot cash. Anyways, one more monopolist slugging on.