Infineon Technologies AG has said that it is under pressure to make purchases in its basic operations that remain after agreeing to sell its wireless operations of Intel Corp. Infineon CEO Peter Bauer said the acquisitions are part of the German semiconductor strategy to strengthen its remaining assets.

But he added good prospects for organic growth and believes that current valuations on high-potential acquisition targets and sell its wireless unit of Intel for 1.4 billion U. S. dollars in an operation as fair to both parties.

Besides wireless Infineon produces logic chips used in automobiles, machinery and security solutions. The largest semiconductor company of the world to invest in wireless operations expands the existing customer including mobile phone manufacturers like Nokia and Samsung.

Electronics Co. Ltd. This includes those responsible for smart phones as well as customers who require ultra low-cost chips for phones designed for emerging markets.

In two weeks second Intel announcing on August 19 its intention to purchase security technology company McAfee Inc. to nearly 7.7 billion U. S. dollars in cash affects 3,400 employees, including 1,600 in Germany. Intel said it has not yet scheduled any restructuring or relocation as a result of the transaction Infineon.