Intel Reportedly Considering Solar Energy Acquisitions

Aug.20.07 | About: Intel Corporation (INTC)

Intel (NASDAQ:INTC) is considering making acquisitions in the solar energy business, according to a story by Thomson Financial’s AFX News.

Citing “sources close to the matter,” the story said that Intel has made contact with potential target companies, including some in Germany, and that Samsung is also considering acquisitions in the industry.

There are obvious connections between the chip and solar sectors; both produce goods from silicon wafers. (MEMC Electronic Materials (WFR), the most obvious dual-market play, provides wafers to both chip and solar companies.)

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