Intel says to respond to regulators on STMicro deal
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Intel Corp , the largest maker of computer processors, said on Wednesday it would respond quickly to provide additional information sought by U.S. regulators over its plans to merge its chip unit with STMicroelectronics .
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In response to a New York Times story this morning that cites unnamed officials at the Federal Trade Commission as having indicated its chairman has decided not to pursue a formal investigation of Intel's antitrust conduct with regard to AMD, Intel spokesperson Chuck Mulloy called the report "speculation."
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Intel'sÂ deal with STMicroelectronics to create a new semiconductor company was a hit this week with IT investors, who continue to reward bold merger and acquisition moves in hard-fought tech markets like chips and Internet services. Rumors of aÂ Salesforce.com hook up with GoogleÂ andÂ Yahoo's continuing search for Web 2.0 companiesÂ also are stoking investor interest.
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Hit by turmoil in the debt capital markets, STMicroelectronics, Intel and Francisco Partners agreed to extend the deadline to launch a flash-memory joint venture to March 28.
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The announcement sets up a potential confrontation between I.B.M. and Intel over the design of new, faster microprocessors.
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Officials of the European Commission stated this morning they may be ready to pursue antitrust charges against Intel, based on information they've acquired regarding possible company misconduct in relation to the German retail electronics market.
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The European Commission confirmed Monday it has received a written response to the&#160;formal antitrust charges&#160;it filed against computer chip maker Intel, after some delays.
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Intel argues that some of chip rival's complaints fall outside U.S. borders.
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Sources say... The European Competition Commission is likely to press formal charges against chip giant Intel.â¦
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Intel Corp  said on Thursday  that the U.S. Federal Trade Commission has requested additional  information on the company's deal with STMicroelectronics   to spin off and combine their flash memory units.
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Chipmaker Intel  said on  Monday it had responded to antitrust charges filed by the  European Commission and would seek a hearing, an Intel  spokesman and a Commission spokeswoman said on Monday.
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Monday blues? Chip giant Intel will today file its response to formal anti-competitive charges levelled by the European Commission.â¦
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The Japanese unit of Intel Corp., the world's biggest chip maker, declined comment on Saturday on media reports that it would receive a warning from Japan's antitrust regulators about its business practices.
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In dueling announcements, Intel Corp. and IBM separately say they have solved a puzzle perplexing the semiconductor industry about how to reduce energy loss in microchip transistors
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This week, the US Federal Trade Commission is apparently not yet satisfied that Intel has adequately addressed its standard antitrust concerns. Today, Intel announced it received what is formally called a "second request" notice from the FTC.
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Becomes the first company to plead guilty to conspiring with manufacturers to fix the prices of DRAM chips in a 2-year probe. WASHINGTON/SAN FRANCISCO: Germany&#39;s Infineon Technologies AG has agreed to plead
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Companies say they'll comply with agency's probe into potential antitrust violations regarding graphics processors.