Intel buys Tower Semiconductor for $5.4 billion so it can make more chips for other companies ((Chaim Gartenberg)/The Verge)

(Chaim Gartenberg) / The Verge
Intel buys Tower Semiconductor for $5.4 billion so it can make more chips for other companies – Intel has announced that its buying Tower Semiconductor, an Israeli chipmaking company that focuses on specialty products like radio frequency (RF) chips, CMOS image sensors, and power management parts, for $5.4 billion. The deal is specifically intended to bolster the companys fledgling Intel Foundry Service division, which Intel created last …

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