Intel buys Level One for $2.2 billion
Stocks and shares exchange hands if US .gov agrees
Posted in Business, 5th March 1999 09:35 GMT
Free whitepaper – Solid State Drives and High-Speed Memory
Chip monster Intel has snapped up Level One, in a share-for-share exchange worth an estimated $2.2 billion. Level One specialises in silicon connectivity for telco and networking apps. The deal will give Intel leverage in the Intranet and Internet equipment market. The company will become a wholly owned subsidiary of Intel but the transaction is subject to review by the US government. ® Intel Developer Forum coverage
Driving Situational Awareness:
Reshaping IT
Assuring application service quality
Application Performance Management:
Ensuring service assurance in the new normal
