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News

Intel Plans to Spin Off Its Networking Unit

Investopedia on MSN · 2d
Intel Plans to Spin Off Its Networking Unit as CEO Looks to Shed Assets
Intel (INTC) is looking to spin off its networking unit as the struggling chipmaker moves to shed assets under the direction of new CEO Lip-Bu Tan, according to a report Friday. Intel has already started the process of courting strategic investors for its Network and Edge group,
CRN · 3d
Exclusive: Intel Reveals Plan To Spin Off Networking Business In Memo
Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek outside investment for the business unit.
BW Businessworld · 9h
Intel To Spin Off Networking Division As Part Of Strategic Overhaul
Intel has announced plans to spin off its Network and Edge Group (NEX) into an independent company, as part of a broader restructuring initiative under CEO Lip-Bu Tan. In a memo sent to customers, Intel confirmed that it is seeking strategic investors for the business,
12hon MSN
Intel spins off Network and Edge computing groups in latest major company change
Intel is planning to spin off its engine Networking and Edge Group as part of an ongoing company-wide effort to boost ...
1d
Read: Intel’s internal note to customers on spinning off its networking division
Intel plans to spin off its NEX unit into a new company; read the full memo sent to customers by Sachin Katti.

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