Intel To Buy Smartphone Chipmaker Infineon For $2B
"Intel Corp., the world's largest chipmaker, is close to an agreement to buy Infineon Technologies AG's wireless business, three people with direct knowledge of the discussions said. When it comes to desktop, laptop and server chips, Intel's pretty much got a lock on the market but everyone can see the writing on the wall: mobile chips and architectures are the future of computing thanks to the popularity of smartphones, but Intel doesn't have anything to offer in that regard. Don't know Infineon? You should: they are the guys who have supplied Apple with their iPhone baseband chips since 2007."
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