Saturday 23 November 2024
 
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Intel close to deal to buy chip maker for $16bn

Intel Corp has resumed negotiations to buy smaller chip maker Altera and is close to a $16 billion acquisition agreement, people familiar with the matter said on Friday. The price for Altera could be as much as $54 per share, a 15

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Intel to buy McAfee for $7.68 billion

Intel Corp said it would buy security software maker McAfee for $7.7 billion to capitalise on rising demand for better safeguards for laptops, smartphones and tablets. Intel will pay $48 per share in cash for McAfee in its biggest acquisit

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Intel to shut sites, cut 6,000 jobs

Intel Corp said it would close manufacturing plants in Malaysia and the Philippines and scale back US operations as part of a restructuring that affects as many as 6,000 employees. The announcement comes a day after the world's largest

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