Exclusive: Intel Reveals Plan To Spin Off Networking Business In Memo
NetworkingIn a memo to customers, Intel says it will spin off the Network and Edge Group into a stand-alone business that is ‘focused exclusively on delivering leading silicon solutions for critical communications, enterprise networking and ethernet connectivity infrastructure.’
Intel Thursday revealed its plan to spin off its Network and Edge Group in a memo addressed to customers and said it will seek outside investment for the business unit.The memo, seen by CRN, was authored by Sachin Katti,...
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