Intel Near Second Acquisition of the Month?

Intel is leading the way with large takeovers this month, as it prepares for its second billion dollar takeover of Infineon. The deal could be be over $1.2 Billion, however Intel and Infineon officials were unavailable for comment. Intel is after Infineon's wireless chip business which are used in cellphones. The tech giant is trying to expand its business beyond PC chips; hence the McAfee deal. The company has also faced scrutiny from AMD and Nvidia over non-competition, and weak demand of its mobile Atom processor.