Intel Corporation, an American multinational corporation and technology company headquartered in Santa Clara, California, is the world's largest semiconductor chip manufacturer by revenue.[1][2] Since its inception, the company has acquired dozens of companies across the global technology industry, with seven multi-billion-dollar acquisitions as of January 2023.[3] Between 1999 and 2003, the company went on an acquisition spree of mostly telecommunications- and networking-related companies, spending $11 billion in the process. Many subsidiaries created in the process—by some estimations, nearly 40[4]—folded or were spun-off at a loss before Intel consolidated the majority of them into the Intel Communication Group and Intel Wireless Communications and Computing Group in 2003.[5] In the turn of the 2010s, Intel went on another acquisition binge, spending $10 billion acquiring Infineon's Wireless Solutions business, security software developer McAfee, among others.[4]
Acquisitions
Stakes
Divestitures
References
- Jonathan Vanian. Samsung Dethrones Intel As World's Biggest Chip Maker Fortune^
- Intel 2007 Annual Report Intel, 2007, retrieved July 6, 2011^
- Paul Sawers. Intel's 5 biggest acquisitions of all time