Schlagwort: Tower Semiconductor

Intel to Acquire Tower Semiconductor for $5.4 Billion

Acqui짯si짯ti짯on acce짯le짯ra짯tes Intel셲 glo짯bal, end-to-end foundry business.

NEWS HIGHLIGHTS

  • Tran짯sac짯tion crea짯tes a glo짯bal짯ly diver짯se end-to-end foundry to help meet gro짯wing semi짯con짯duc짯tor demand and brings more value to cus짯to짯mers across the near짯ly $100 bil짯li짯on addressa짯ble foundry market. 
  • Acqui짯si짯ti짯on acce짯le짯ra짯tes Intel셲 path to beco짯ming a major pro짯vi짯der of foundry ser짯vices and capa짯ci짯ty glo짯bal짯ly, now offe짯ring one of the industry셲 broa짯dest port짯fo짯li짯os of dif짯fe짯ren짯tia짯ted technology. 
  • High짯ly com짯ple짯men짯ta짯ry tran짯sac짯tion brings tog짯e짯ther Intel셲 lea짯ding-edge nodes and sca짯le manu짯fac짯tu짯ring with Tower Semiconductor셲 spe짯cial짯ty tech짯no짯lo짯gies and cus짯to짯mer-first approach to deli짯ver lea짯ding tech짯no짯lo짯gy and manu짯fac짯tu짯ring capa짯bi짯li짯ties and enhan짯ced value to cus짯to짯mers globally.
  • Tran짯sac짯tion is expec짯ted to be imme짯dia짯te짯ly accre짯ti짯ve to Intel셲 non-GAAP EPS.
  • Intel and Tower Semi짯con짯duc짯tor manage짯ment will host a con짯fe짯rence call for inves짯tors, media and indus짯try ana짯lysts at 5:30 a.m. PST today (3:30 p.m. Isra짯el Stan짯dard Time) to pro짯vi짯de fur짯ther details on the transaction. 

SANTA CLARA, Calif., and MIGDAL HAEMEK, Isra짯el, Feb. 15, 2022 Intel Cor짯po짯ra짯ti짯on (Nasdaq: INTC) and Tower Semi짯con짯duc짯tor (Nasdaq: TSEM), a lea짯ding foundry for ana짯log semi짯con짯duc짯tor solu짯ti짯ons, today announ짯ced a defi짯ni짯ti짯ve agree짯ment under which Intel will acqui짯re Tower for $53 per share in cash, repre짯sen짯ting a total enter짯pri짯se value of appro짯xi짯m짯ate짯ly $5.4 bil짯li짯on. The acqui짯si짯ti짯on signi짯fi짯cant짯ly advan짯ces Intel셲 IDM 2.0 stra짯tegy as the com짯pa짯ny fur짯ther expands its manu짯fac짯tu짯ring capa짯ci짯ty, glo짯bal foot짯print and tech짯no짯lo짯gy port짯fo짯lio to address unpre짯ce짯den짯ted indus짯try demand. () Wei짯ter짯le짯sen 쨩