Intel Buys Infineon Wireless Unit

Intel Corp. (INTC) agreed to buy the wireless unit of Germany’s Infineon Technologies AG (IFX.XE) for $1.4 billion.. “The acquisition of Infineon’s wireless business strengthens the second pillar of our computing strategy–Internet connectivity –and enables us to offer a portfolio of products that covers the full range of wireless options from WiFi and 3G to [...]

Smart Technologies Raises $660 Million in the U.S.

Smart Technologies Inc., which has produced interactive whiteboards used in classrooms for almost two decades, raised $660 million in the second-biggest initial public offering in the U.S. this year. The Calgary-based company priced 38.8 million Class A shares at $17 each yesterday after offering 35.3 million for $16 to $18, according to a statement and [...]

Intel, JPMorgan earnings boost optimism on Wall Street

Reporting from Los Angeles and New York Two of America’s corporate giants, Intel Corp. and JPMorgan Chase & Co., reported unexpectedly strong financial results this week, reinforcing Wall Street’s optimism that basic business operations are improving. The quarterly earnings reports from one of the nation’s four major banking and investment operations and a technology industry [...]

Toshiba eyes Bill Gates nuclear alliance, chip plant

TOKYO, March 23 (Reuters) – Toshiba Corp (6502.T) is in talks with a company backed by Microsoft (MSFT.O) Chairman Bill Gates to jointly develop advanced nuclear reactors, the Japanese electronics maker said, helping send its shares higher.

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