Acquiring Company
Intel
Acquired Company
Tower Semiconductor
Santa Clara
IsraelManufacturingSoftwareManufacturingScience And EngineeringDescription
Intel Corporation (Nasdaq: INTC) today announced that it has mutually agreed with Tower Semiconductor (Nasdaq: TSEM) to terminate its previously disclosed agreement to acquire Tower due to the inability to obtain in a timely manner the regulatory approvals required under the merger agreement, dated Feb. 15, 2022. In accordance with the terms of the merger agreement and in connection with its termination, Intel will pay a termination fee of $353 million to Tower.
Quick answer
Intel is acquiring Tower Semiconductor, announced August 16, 2023. Intel is based in Santa Clara, California, United States.
- How much did Intel pay for Tower Semiconductor?
- The deal value was not disclosed.
- What does Intel do?
- Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives.
- Where are Intel and Tower Semiconductor based?
- Intel is based in Santa Clara, California, United States. Tower Semiconductor is based in Israel.
- Who are the decision-makers at Intel?
- Fundz holds 5 contacts at Intel. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Other recent acquisitions in Science And Engineering and Manufacturing
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Genuine Parts Company Announces Automotive Acquisition In Europe, Expanding Leadership Position In Spain (August 1, 2023)
- Idis Co., Ltd. Announces The Closing Of Its Acquisition Of Costar Technologies, Inc. (August 18, 2023)
- Brainbox Ai Announces Acquisition Of Abb’S Ems Retail Division (July 11, 2023)
- I-Care Group Acquires Cepya Electronics And Strengthens Its Position As World Leader In Industry 4.0 (September 29, 2023)
- Paessler Ag Announces Acquisition Of Swiss Technology Company Itps Ag (September 28, 2023)
- Acme United Corporation Acquires The Assets Of Hawktree Solutions, Inc. (September 27, 2023)
Who to call at Intel, and when
When Intel changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Intel raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Intel, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Intel. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Intel makes an acquisition, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Frequently asked
Who acquired Tower Semiconductor?
Tower Semiconductor was acquired by Intel, based in Santa Clara. The deal was reported on August 16, 2023. Intel is an industry leader, creating world-changing technology that enables global progress and enriches lives. Intel is publicly traded (INTC) and operates in Manufacturing.
When did Intel acquire Tower Semiconductor?
Intel's acquisition of Tower Semiconductor was reported on August 16, 2023. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tower Semiconductor do?
Tower Semiconductor Ltd. It is publicly traded (TSEM), operating in Manufacturing, and is based in Israel.
This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
5 screens from a live account. No signup.