In brief

摘要

Infineon Technologies is selling its Wireless Solutions (WLS) business to Intel in a cash transaction valued at approximately $ 1.4bn (￡0.9bn). WLS manufactures cellular technologies to phone manufacturers and will operate as a standalone business serving its existing customers. "The acquisition of.. .WLS strengthens the second pillar of our computing strategy -internet connectivity - and enables us to offer a portfolio that covers the full range of wireless options,' said Paul Otellini, president and chief executive officer at Intel.