A short history of Intel acquisitions

Looks like Intel is on what has the makings of a good old-fashioned shopping spree.

Looks like Intel is on what has the makings of a good old-fashioned shopping spree. The company's blockbuster announcement Thursday morning that it plans to buy security company McAfee for $7.68 billion comes on the heels of its buyout of Texas Instruments' cable modem chip division earlier this week, and amidst rumors that it will pluck Infineon Technologies AG's wireless chip unit.

Slideshow: 2010's hottest tech M&A deals

Intel in recent years hasn't been an especially acquisitive company, though last summer did announce the $884 million buyout of Wind River in a deal that was part of Intel's effort to expand into the mobile and embedded systems markets as well as the purchase of RapidMind, a software maker whose technology was expected to help exploit Intel's multicore processors.

Intel isn't alone this year in picking up the acquisition pace, either. PricewaterhouseCoopers just released an update on a busy Q2 of M&A activity in the tech market and pointed to hefty cash accumulations by major tech companies as setting the scene for even more big deals. Significant second quarter deals included SAP announcing plans to buy Sybase for $5.8 billion, HP announcing a buyout of Palm for $1.2 billion, plus a couple of security-related deals involving Visa and CyberSource and Symantec and Verisign's identity and authentication business. Apple, Google and IBM were active on the M&A front as well.Intel CFO Stacy Smith told Bloomberg during the spring that Intel is on the prowl for companies that can help it extend its reach into smartphones and consumer electronics.

Intel's busiest M&A period was between 1997 and 2002, when it snapped up about 40 companies, including Shiva, a maker of VPN products, and Chips and Technologies, which got the FTC's attention during one of its antitrust investigations into Intel's business practices. In years following that period, Intel did lots of divestitures, shedding the pieces that didn't fit.Other Intel deals involving network companies over the years have included:

* Mobilian, a chipmaker for wireless LANs and Bluetooth connectivity, in 2003.

* Xircom, a PC modem and network card maker, acquired in 2001 for $748 million.

* Voice Technologies, a maker of PBX connectivity technology, in 2000.

* XLNT, a Gigabit Ethernet switch maker, in 1999.

* iPivot, for $500 million in 1999, for its traffic management technology.

* Dialogic, a computer telephony technology company, for $780 million, in 1999.

Through Intel Capital, Intel also has invested billions of dollars in dozens of young companies. Earlier this year, Intel was among those putting $40 million into Virtustream, a data center co-location and services company.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.

Tags business issuesintelsoftwaremcafeecorporate issuesacquisitionsmergerstexas instrumentsRapidMindMergers / acquisitionsInfineon Technologies

Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Bob Brown

Network World
Show Comments

Father’s Day Gift Guide

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Luke Hill

MSI GT75 TITAN

I need power and lots of it. As a Front End Web developer anything less just won’t cut it which is why the MSI GT75 is an outstanding laptop for me. It’s a sleek and futuristic looking, high quality, beast that has a touch of sci-fi flare about it.

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Featured Content

Product Launch Showcase

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?