Intel-Infineon deal: What analysts are saying

Mark LaPedus, EETimes
8/30/2010 2:02 PM EDT

SAN JOSE, Calif. - Intel Corp. plans to purchase Infineon Technologies AG's Wireless Solutions Business (WLS) for $1.4 billion in cash with the deal expected to close in the first quarter of 2011.

This is yet another deal in a buying spree that has seen Intel agree to acquire Texas Instruments Inc.'s cable modem product line, on Aug 16 and willing to spend $7.68 billion on security software vendor McAfee Inc. last week.

Here's what analysts said about the Intel-Infineon deal:

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