DEALS: Apple buys chipmaker



DEALS

WHO

WITH

WHAT

SCOOP

Apple

PA Semi

Apple bought chipmaker PA Semi for about $278 million.

The deal is a particular slap in the face for Intel. Apple could use it to drive Intel's prices down.

Essar

Obopay

Essar acquired a strategic stake in Obopay.

Essar did not disclose the pricetag for the acquisition.

PayPal, mFoundry

Sprint Nextel

PayPal and mFoundry inked a deal with Sprint for P2P payments.

The mobile money transfer offering is part of Sprint's MyMoneyManager and works with 18 handsets currently.

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