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Intel is tipped to buy Infineon Wireless

But not by Infineon
Mon May 17 2010, 13:15

RUMOURS HAVE IT that Intel might write a big cheque to buy the wireless arm of chipmaker Infineon.

The source of this speculation is the German version of the Financial Times, which is not renowned for making stuff up. Chipzilla informed The INQUIRER that it doesn't comment on rumour and speculation.

The deal might make a lot of sense for Chipzilla as it would get its paws on lots of technology that it can't be bothered inventing as well as a healthy list of clients, including Nokia, Samsung, RIM and Apple.

However there is a slight problem with this story. There is no reason that Infineon should want to sell its wireless outfit.

It does not need the cash. Having looked at the books, analysts think the outfit is doing nicely for a firm that has just come out of the recession. After deducting its debt, the net liquidity in the company is about €1 billion.

Infineon has 25,000 employees, including about 9,000 in Germany. WiFi chips potentially could be quite lucrative for Infineon, which is a good reason for it to hang onto the business.

Infineon Chief Executive Peter Bauer told Reuters in March that he saw no reason why the chipmaker should not try to further develop the business.

True, if Chipzilla bought Infinion Wireless that would let it take a stronger run at the market, which is dominated by ST Ericsson and Qualcomm, but that is no reason for Infineon to sell it. µ

 

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Comments
Can we get some more conversions in these articles?

This is just a request, something I'd appreciate being done. :)

It would be great if the various money and size measurements(in the macroscopic world) could be converted and listed in parentheses. So Euros would get a paranthetical(sp?) reference that has dollar and pound amounts, and maybe 1 or 2 others. And metric stuff would be converted to the English system(or whatever the heck you crazy Europeans ;) call it) and vice-versa.

And can we please not get into an argument about how metric is supposedly better than our system? The human brain doesn't think of things in terms of base-10. Period. We're not actually built to handle mathematics at all. Albert Einstein( a European) was one of the greatest math people ever, and he absolutely sucked at basic math. It's been said that his horrible ability to perform basic math was actually related to why he was able to come up with his theories in the first place. Something about not really comprehending the world until he was around 10.

Okay, now I've gone totally off-topic, and I'm sorry. But, again, it'd be great if we could get some conversions posted with some of this stuff.

Thanks much. :)

posted by : Jason Goatcher, 17 May 2010 Complain about this comment
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