Items tagged with (nasdaq:tsem)
Intel and Tower Semiconductor have mutually agreed to abandon plans for the former to acquire the Israeli chip manufacturer at $53 per share in cash, which would have valued the now-nixed deal at $5.4 billion. However, it's not as simple as just parting ways—as part of the merger agreement that was signed in February...
Read more...
There's been a lot of moving and shaking in the silicon space over the past couple of weeks, the latest of which is Intel announcing it has agreed to acquired Tower Semiconductor for $53 per share in cash, which values the deal at approximately $5.4 billion. The hefty investment plays right into Intel's IDM 2.0...
Read more...
