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Infineon Technologies AG and Intel Corporation (NASDAQ: INTC) have entered into a definitive agreement to transfer Infineon’s Wireless Solutions (WLS) business to Intel in a cash transaction valued at approximately $1.4 billion.

Intel Corporation (NASDAQ: INTC), Nokia (NYSE: NOK) and the University of Oulu officially opened the Intel and Nokia Joint Innovation Center. It will employ about two dozen R&D professionals and become the latest member of Intel’s European Research Network, Intel Labs Europe.

Intel Corporation (NASDAQ: INTC) announced today that a dozen of new netbooks based on its new mobile dual-core Intel® Atom™ processors are available in stores today. The netbooks – available now and through the end of the year from manufacturers including Acer, ASUS, Fujitsu, Lenovo, LG, Samsung, MSI, and Toshiba – enable new levels of support for applications like games, as well as Adobe Flash technology for access to a number of Web pages including online hotel booking systems and multimedia sites such as YouTube and Hulu.

Intel Corporation has entered into a definitive agreement to acquire McAfee, Inc., through the purchase of all of the company’s common stock at $48 per share in cash, for approximately $7.68 billion. Both boards of directors have unanimously approved the deal, which is expected to close after McAfee shareholder approval, regulatory clearances and other customary conditions specified in the agreement.