Reports have come up that American processor giant, Intel is on the verge of finalizing the deal with the German company Infineon Technologies, in order to take over the wireless sector of company. Infineon is also a wireless technology company in Germany, and Intel has presented it with a $1.91 billion deal for the take over.
As per the experts, Intel-Infineon deal was suppose to happen earlier in August, but it is in process now. If Intel and Infineon come together it will be boosting Intel’s scope in wire less technology sector, and may be Intel may step into the smartphone market in sometime.
The smartphone market is the only sector where Intel is not visible, this can be a strong scenario where the worlds largest chip maker will be stepping in this market. Infineon is one company which most companies are looking after, as it is already supplying chips to Apple for their gadgets. Infineon can boost the company’s presence and development in smartphone technology.
it is only the Wireless sector Intel may buy not the whole company