joel.khalili@futurenet.com (Joel Khalili) / TechRadar
New acquisition takes Intel another step closer to pulling off its master plan – Intel set to acquire foundry Tower Semiconductor for more than $5 billion. Intel has announced its intention to acquire Tower Semiconductor, a chip foundry that specializes in analog semiconductors for emerging markets such as automotive and aerospace. The cash-only deal will see Intel pay $53 per share for Tower, which …