Ian King / Bloomberg:
Intel plans to acquire Israeli chip company Tower Semiconductor for around $5.4B, or $53 per share; the deal is expected to close in 12 months — Intel Corp. agreed to acquire Tower Semiconductor Ltd. for about $5.4 billion, part of Chief Executive Officer Pat Gelsinger's push into the outsourced chip-manufacturing business.
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Tuesday, February 15, 2022
Intel plans to acquire Israeli chip company Tower Semiconductor for around $5.4B, or $53 per share; the deal is expected to close in 12 months (Ian King/Bloomberg)
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