Starbucks to buy chip maker Microwave for $1.4 billion

Starbucks, which is spending $1 billion to buy chips maker Micrewave, is planning to buy the company from its shareholders to give it more access to capital.

The deal is expected to close by the end of 2018, Bloomberg reports.

Microwaves chips have been a hot topic in Silicon Valley lately, as companies like Google and Facebook have struggled to stay ahead of the trend of wireless chip makers like Microware.

But Starbucks is betting that it can tap into the huge appetite for chip-based products in the U.S. and other emerging markets.

Micrewaves chips are already used in Starbucks coffee, which uses them in its Frappuccinos and Dunkin Donuts.

Starbucks already makes chips at its coffee shop in San Francisco, but it’s not clear how the chip giant plans to leverage its access to technology.

Starbucks said that Microwavable, which has a market value of about $30 billion, would be sold to Starbucks shareholders.

Micawave, which also makes chips for Starbucks, has a total market value estimated at $1,400 billion.

Micowave’s chip-making business has been growing at a strong clip for years, but its revenues fell by 30% in 2016, according to a report from IDC.

The company has been in a tough spot, with chip companies like Intel and Nvidia facing off against each other to gain market share.

Micawatts chips have a market share of about 1% in the United States, according the IDC report.

Starbucks, meanwhile, has about 40% of the global chip market, according IDC’s figures.

Starbucks will take about half of Micawaves chips, according Bloomberg, and will be buying Micawavable’s remaining business.

The acquisition, which will be led by a board of directors including Starbucks CEO Howard Schultz and Micawawas board chairman Peter Thiel, will allow Starbucks to tap into technology from Micawaver to create better products for customers, according a Starbucks spokesperson.

The new acquisition is part of a $12 billion, 50% stake purchase deal between Starbucks and Microsoft.

Starbucks CEO Tim Dolan told Bloomberg that the acquisition of Micaws chips will allow the company to offer a better product for customers.

“We want to be a leader in the chip space, and Micawatts is a leading player in the industry,” he said.