This website collects cookies to deliver better user experience. Cookie Policy
Accept
Sign In
The Wall Street Publication
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Reading: Intel Pays Up for Foundry Expertise
Share
The Wall Street PublicationThe Wall Street Publication
Font ResizerAa
Search
  • Home
  • Trending
  • U.S
  • World
  • Politics
  • Business
    • Business
    • Economy
    • Real Estate
    • Markets
    • Personal Finance
  • Tech
  • Lifestyle
    • Lifestyle
    • Style
    • Arts
  • Health
  • Sports
  • Entertainment
Have an existing account? Sign In
Follow US
© 2024 The Wall Street Publication. All Rights Reserved.
The Wall Street Publication > Blog > Markets > Intel Pays Up for Foundry Expertise
Markets

Intel Pays Up for Foundry Expertise

Editorial Board Published February 15, 2022
Share
Intel Pays Up for Foundry Expertise
SHARE

For anyone doubting Intel Corp.’s ambitions to make chips for others, the company’s acquisition of Tower Semiconductor should lay their doubts to rest.

The deal reported by The Wall Street Journal late Monday and announced by the two companies Tuesday carries an enterprise value of $5.4 billion and thus ranks as Intel’s fourth largest deal ever, behind the acquisitions of Altera, Mobileye and McAfee . But it exceeds the first two in terms of premium paid; the $53 a share in cash offered for Tower is 60% above the stock’s last closing price, compared with the 34% premium offered for Mobileye in 2017.

TAGGED:MarketsPAIDWall Street Publication
Share This Article
Twitter Email Copy Link Print
Previous Article Billionaire Carl Icahn Says Capitalism Is Broken Billionaire Carl Icahn Says Capitalism Is Broken
Next Article A Crucial Clue in the .5 Billion Bitcoin Heist: A 0 Walmart Gift Card A Crucial Clue in the $4.5 Billion Bitcoin Heist: A $500 Walmart Gift Card

Editor's Pick

Alyssa Farah Griffin: ‘The View’ Co-Host is Pregnant With Child #1!

Alyssa Farah Griffin: ‘The View’ Co-Host is Pregnant With Child #1!

Studying Time: 3 minutes The View co-host Alyssa Farah Griffin is pregnant! On ‘The View,’ Alyssa Farah Griffin breaks the…

By Editorial Board 3 Min Read
Cracker Barrel dumps consulting agency Prophet after main rebrand backlash from prospects
Cracker Barrel dumps consulting agency Prophet after main rebrand backlash from prospects

Founding father of XX-XY Athletics Jennifer Sey analyzes why prospects rejected the…

2 Min Read
Melissa Rycroft Admits to Actually “Struggling” in Wake of DUI Arrest
Melissa Rycroft Admits to Actually “Struggling” in Wake of DUI Arrest

Studying Time: 3 minutes Melissa Rycroft is in a darkish place proper…

4 Min Read

Oponion

Jyotiraditya Scindia interview: ‘India will have 1 billion Internet users by this fiscal’

Jyotiraditya Scindia interview: ‘India will have 1 billion Internet users by this fiscal’

With rising information utilization, the Web market has grown from…

May 31, 2025

Misplaced cat makes 900-mile journey again dwelling to California from Yellowstone

A husband and spouse in California…

September 23, 2024

Why do Republicans hate American cities?

Within the final week, President Donald…

June 14, 2025

London-listed miner Adriatic Metals in £700m takeover talks | Cash Information

Adriatic Metals, a valuable metals mining…

May 20, 2025

NBC defends Mikaela Shiffrin coverage, suggests sexism by critics

NEW YORK — NBC offered a…

February 10, 2022

You Might Also Like

Jamie Dimon warns of main market threat in subsequent few years
Markets

Jamie Dimon warns of main market threat in subsequent few years

CPA and market analyst Dan Geltrude joins ‘Mornings with Maria’ to interrupt down the record-setting rally fueled by synthetic intelligence,…

4 Min Read
Meme inventory mania 2.0
Markets

Meme inventory mania 2.0

Pacer ETFs President Sean O’Hara discusses the advantages of ETFs and lays out his favourite investments on ‘The Claman Countdown.’…

4 Min Read
Traders have fun Japan’s ‘Iron Lady’ election win
Markets

Traders have fun Japan’s ‘Iron Lady’ election win

Federated Hermes CIO Stephen Auth weighs in on Japan's first elected feminine prime minister and provides an concept on what…

3 Min Read
Tesla teases Tuesday announcement with social media movies
Markets

Tesla teases Tuesday announcement with social media movies

Niles Funding Administration founder and portfolio Dan Niles discusses Tesla’s potential $1 trillion compensation plan for Elon Musk on ‘The…

5 Min Read
The Wall Street Publication

About Us

The Wall Street Publication, a distinguished part of the Enspirers News Group, stands as a beacon of excellence in journalism. Committed to delivering unfiltered global news, we pride ourselves on our trusted coverage of Politics, Business, Technology, and more.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • WP Creative Group
  • Accessibility Statement

Contact

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 The Wall Street Publication. All Rights Reserved.

Welcome Back!

Sign in to your account

Lost your password?