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|5th October 2006, 13:23||#1|
Join Date: May 2002
Intel May Acquire Graphics Chip Maker Nvidia ?
Terms of the possible deal are unclear. Nvidia’s market capitalization is currently nearly $11 billion, which means that the company may be sold for $14 – $15 billion, whereas Intel Corp. only has $7.64 billion in cash currently.
Rumours about possibility of Nvidia acquisition by Intel Corp. have been circuilating since July, when Nvidia rival ATI Technologies announced take over by Advanced Micro Devices, the arch-rival of Intel, for $5.4 billion.
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