Intel Networking Unit Spin-off - Search News

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Intel Plans to Spin Off Its Networking Unit

Investopedia on MSN · 4d

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,

Total Telecom · 1d

Intel to spin off networking unit in latest streamlining effort

The decision to spin off the networking unit should come as little surprise. Intel’s new CEO Lip-Bu Tan, who took over the business from previous CEO Patrick Gelsinger in March, had reportedly been considering the spin off since May as part of an overarching strategy to return the company to growth.

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.

2don 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 ...

3d

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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