Intel mulling acquisition of TI OMAP division?

Posted on Wednesday, August 17 2011 @ 21:18 CEST by Thomas De Maesschalck
TG Daily reports there's a rumor that Intel may be interested in acquiring Texas Instruments' OMAP unit:
An analyst at Forward Concepts believes Intel may be one of several companies interested in purchasing TI's OMAP division.

Although it remains unclear if Texas Instruments is even selling off its OMAP business, FC principal analyst Will Strauss says Santa Clara may ultimately be interested in combining an ARM-based applications processor with baseband technology recently acquired from Infineon Technologies.

Strauss - who acknowledged he was speculating - estimated the OMAP division was worth approximately $1 billion.

As such, there are only a relatively small number of companies able to afford such a deal.

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