Reuters: Technology News: Intel to buy slice of ASML, bankroll next-gen R&D

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Intel to buy slice of ASML, bankroll next-gen R&D Jul 9th 2012, 20:52 Tweet Share this Email Print Related News Intel to buy InterDigital patents for $375 million Mon, Jun 18 2012 Related Topics Tech » Deals » Global Deals Review: 2011 Q3 » Global Deals Review: 2011 Q2 » Global Deals Review » Inflows Outflows » An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv October 24, 2011. Credit: Reuters/Nir Elias SAN FRANCISCO | Mon Jul 9, 2012 4:52pm EDT SAN FRANCISCO (Reuters) - Intel Corp and ASML have struck an agreement under which the world's top chipmaker will spend $4.1 billion to fund the European company's research programs and buy an initial 10 percent stake in ASML. Under the agreement announced on Monday, Intel will pay 1.7 billion euros for an initial 10 percent slice ASML, and commits to spend another 829 million euros on its research into next-generation chipmaking technology. Their pact also involves pre-orders of ASML chipmaking gear. Intel said that its total spending as a result of their agreement will come to about $4.1 billion. (Reporting By Edwin Chan) Global Deals Review: 2011 Q3 Global Deals Review: 2011 Q2 Related Quotes and News Company Price Related News Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (0) Be the first to comment on reuters.com. Add yours using the box above.

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