M&A Deal Summary

Intel Acquires Intel Mobile Communications

On January 31, 2011, Intel acquired communications company Intel Mobile Communications from Infineon Technologies for 1.4B USD

Acquisition Highlights
  • This is Intel’s 1st transaction in the Communications sector.
  • This is Intel’s 7th largest (disclosed) transaction.
  • This is Intel’s 1st transaction in Germany.

M&A Deal Summary

Date 2011-01-31
Target Intel Mobile Communications
Sector Communications
Buyer(s) Intel
Sellers(s) Infineon Technologies
Deal Type Divestiture
Deal Value 1.4B USD

Target

Intel Mobile Communications

Munich, Germany
Intel Mobile Communications GmbH is a subsidiary of Intel Corporation headquartered in Santa Clara, USA. The company develops and markets innovative semiconductor products and solutions for mobile communications – most notably in the rapid-growth market segments of smart phones, tablets and ultra-low-cost mobile phones.

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Buyer(S) 1

Buyer

Intel

Santa Clara, California, United States

Category Company
Founded 1968
Sector Semiconductors
Employees130,700
Revenue 54.2B USD (2023)
DESCRIPTION
Entrance to Intel's corporate headquarters in Santa Clara, California.
Entrance to Intel's corporate headquarters in Santa Clara, California.

Intel is a multinational semiconductor chip maker. The Company's products are incorporated into desktop computers, wearables, servers, tablets, smartphones, and other devices. Intel was formed in 1968 and is based in Santa Clara, California.


DEAL STATS #
Overall 50 of 97
Sector (Communications) 1 of 1
Type (Divestiture) 6 of 9
Country (Germany) 1 of 4
Year (2011) 1 of 5
Size (of disclosed) 7 of 29
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2010-11-15 CognoVision Solutions

Markham, Ontario, Canada

CognoVision is a software platform that helps retailers and digital signage networks measure the effectiveness of in-store marketing and develop deeper insights into shopper behavior.

Buy $30M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2011-03-14 SySDSoft

Cairo, Egypt

SySDSoft designs state-of-the-art IP solutions in the software stack and physical layer domain, and RF/analog circuits embedded in mobile platforms.

Buy -

Seller(S) 1

SELLER

Infineon Technologies

Munich, Germany

Category Company
Sector Semiconductors
Employees59,364
Revenue 16.3B EUR (2023)
DESCRIPTION

Infineon Technologies offers semiconductors and system solutions for automotive and industrial electronics and chip card and security applications. Infineon Technologies is based in Munich, Germany.


DEAL STATS #
Overall 15 of 17
Sector (Communications) 1 of 1
Type (Divestiture) 15 of 17
Country (Germany) 13 of 14
Year (2011) 1 of 1
Size (of disclosed) 1 of 9
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2009-07-07 Lantiq

Neubiberg, Germany

Lantiq is a provider of broadband and voice telephony semiconductor solutions. The Company’s products enable applications ranging from high-speed VDSL and GPON fiber-to-the-home to traditional voice telephony for carrier and enterprise-based networks. Lantiq is the re-branded Wireline Communications Division of Infineon Technologies, the former semiconductor division of Siemens AG. The company is headquartered in Neubiberg, Germany.

Sell €250M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-08-20 International Rectifier

El Segundo, California, United States

International Rectifier, is a manufacturer of power semiconductors (MOSFET, IBGT, Diodes and Thyristors).

Buy $3.0B