The Intel Corporation has agreed in principle to acquire Tower Semiconductor for $53 USD per share in cash, representing a total deal of approximately $5.4 billion. The acquisition significantly advances Intel’s strategy for further expanding its manufacturing capacity, global footprint, and technology portfolio. The transaction is expected to close in approximately 12 months. It has … Continued The post Intel acquires Tower Semiconductor in a $5.4 Billion Deal appeared first on Newsshooter....
Published By: News Shooter - Wednesday, 16 February, 2022