(Reuters) - BERLIN, June 25 - German chipmaker Infineon Technologies will buy Texas Instruments Inc.'s home DSL broadband chip unit to strengthen its wireline business, it said on Monday. Infineon declined to say how much it was paying for TI's DSL customer premises equipment unit, its first acquisition since 2004, nor would it give the unit's sales or staff numbers. A spokesman said most of the unit's staff were in California.
The transaction is expected to close in the summer of 2007, Infineon said in a statement.
Read more at Reuters.com Mergers News
The transaction is expected to close in the summer of 2007, Infineon said in a statement.
Read more at Reuters.com Mergers News
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