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Company News for June 6, 2024
Companies In The Article Are:WKME, INTC, APO, HPE, CRWD
Reuters
Apollo to pay $11 billion for 49% of Intel Ireland factory joint venture
Apollo will acquire the stake in the Fab 34 joint venture in Leixlip, Ireland, the U.S. chipmaker's first high-volume location for its Intel 4 manufacturing process using extreme ultraviolet lithography machines. The deal, expected to close in the second quarter, would allow Intel to redeploy parts of its investment in the project to other parts of its business, the company said. Intel has invested $18.4 billion in the facility to date.
Business Wire
Intel and Apollo Agree to Joint Venture Related to Intel’s Fab 34 in Ireland
SANTA CLARA, Calif. & NEW YORK, June 04, 2024--Intel and Apollo announce agreement under which Apollo-managed funds and affiliates will invest in a joint venture related to Intel’s Fab 34.