It seems that beleaguered Intel has finally received some good news. According to reports, US asset management company Apollo Global Management has offered to invest up to $5 billion into Team Blue, which was recently rumored to be an acquisition target for Qualcomm.
Apollo has indicated in recent days that it would be willing to make an equity-like investment of up to $5 billion in Intel, reports Bloomberg, citing one of the people familiar with the matter.
Källa: Intel explores $5 billion investment offer from Apollo amid market decline
