This article has been indexed from Help Net Security
Intel and Tower Semiconductor announced a definitive agreement under which Intel will acquire Tower for $53 per share in cash, representing a total enterprise value of approximately $5.4 billion. The acquisition significantly advances Intel’s IDM 2.0 strategy as the company further expands its manufacturing capacity, global footprint and technology portfolio to address unprecedented industry demand. “Tower’s specialty technology portfolio, geographic reach, deep customer relationships and services-first operations will help scale Intel’s foundry services and advance … More
The post Intel acquires Tower Semiconductor to expand its manufacturing capacity appeared first on Help Net Security.
Read the original article: Intel acquires Tower Semiconductor to expand its manufacturing capacity