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Israeli maker of chips and semiconductors will use Intel’s New Mexico manufacturing plant and invest up to $300 million to buy equipment as part of the partnership deal
Chip giant to pay $353 million to terminate acquisition after reportedly failing to receive okay from Chinese regulators as demanded by contract
Taking tech giant by surprise, Israeli government in June disclosed Intel's 'unprecedented' planned investment, calling it largest ever by a global private company in the country
Founded in 2011, Israeli company developed tech that can 'see through walls' with solutions for medical car, smart home, automotive industries
Migdal Ha'emek-based company, founded in 1993, is leading maker of chips and semiconductors; purchase will be Intel's sixth acquisition of an Israeli company in recent years