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Intel To Buy Smartphone Chipmaker Infineon For $2B
sylverboss writes "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."
Rambus does not produce RAM. They develop and license RAM related technologies. Infineon is one of the licensees (as is Intel).
No it doesn't. Infineon hasn't made RAM in a long time. They sold off their RAM business in 2006 naming it "Qimonda". in January 2009 Qimonda declared bankruptcy.
Infineon hasn't made RAM for 4 years now when they spun off Qimonda. Qimonda itself went bankrupt early 2009.
Contrary to what the headline suggests, Intel is not buying all of Infineon: they are negotiating to buy the wireless division.
If Infineon doesn't ring a bell to someone, the name Siemens surely does. Infineon was the semiconductor division of Siemens, before being spun off into a separate company.
Infineon's current market cap is around 5B, so Intel is rumored to buy about 1/3 of the company (assuming some premium over the stock price).