The companies Of infineon Of technologies AG and Intel Of corporation reported the conclusion of final agreement about the transfer to the property of the company Of intel of the wireless business of the company Of infineon for the available calculation of the sum of approximately 1,4 billion dollars. USA.
The new subdivision, which, will be as before, occupied by the development of [chipsetov] for the cell phones, will become the independent subdivision Of intel, attending the current clients Of infineon.
This transaction, from the words Of intel, will contribute to further advance of strategy of company “computer on the connection always and everywhere”. As it is expected, transaction will be completed in the first quarter of 2011 with obtaining condition from the controls of the corresponding permissions.
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