Intel Sells Part of Its Optical Network Division
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By Clint Swett, The Sacramento Bee, Calif.  Sep. 12--Continuing to shed businesses it no longer finds profitable,  Intel Corp. on Monday said it's selling off a piece of its optical networking  division to a Sunnyvale-based company for $115 million.
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Intel Corporation signed a cross-licensing agreement with Nvidia Corporation, which allows Nvidia to make and sell chipsets for Intel Processor powered computers.
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Still purging Intel found a suitor for another one of its less flashy business lines. The chipmaker today revealed that Cortina Systems has bought its optical-networking components operation.â¦
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Intel Corp.  on Monday said it was reorganizing, forming three groups to lead its efforts in platforms for mobility, the digital enterprise and digital home as part of its efforts to drive development of complete technology platforms.
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By Bob Shallit, The Sacramento Bee, Calif.  Dec. 13--Employees at Intel's Folsom campus are buzzing over the possible sale of another of the company's local business units -- this one with hundreds of workers.
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Intel Corp., facing slowing demand for personal computers and stiffer competition, is selling its division that makes processors for handheld devices in a &#36;600 million deal announced Tuesday with Marvell Technology Group Ltd.
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Sales of laptops using Intel's mobile processor are picking up.
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Among the changes: a new division devoted to digital health care technologies, plus a unit to focus on Intel's distribution channels.
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SAN JOSE, CALIF. - Hoping to accelerate the deployment of a new wireless technology, Intel announced Monday it&#39;s invested in a venture started by billionaire Craig McCaw to deliver high-speed Internet service over the airwaves.
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Bit by bits Fanboys everywhere can now buy Intel by the bit.â¦
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(InfoWorld) - After a busy two yearsÂ reorganizing LSI, the new leadership of the company, which includes several former Intel executives, is ready to do battle in the competitive markets for storage and networking chips. LSI is one of the first major companies to finish reorganizing amid a broad consolidation in the chip sector caused by rising research and development costs. The rising costs means that size matters: Companies need to make enough money to keep up with higher costs for chip designs and upgrades. Development budgets are rising as the size of transistors and other parts on a chip shrink, said Jeff Richardson, executive vice president of the Network and Storage Products Group at LSI. The size of components on chips, and the spaces between them, has already hit 45-nanometers, a microscopic size thousands of times thinner than a human hair. Without the budgets to continue investing in the machines and research needed to continue the development of chip products, companies will wither. One of the reasonsÂ LSI acquired Agere SystemsÂ late last year is because the networking and storage chips made by the two companies are a much larger, more viable business combined than separate, said Richardson. LSI is already ready to move forward, which is saying a lot since it has continued to buy or sell companies and divisions for the past several months. The last major deal was theÂ sale of its mobile phone products business to Infineon TechnologiesÂ last month for $450 million, a deal that will likely give Infineon the size to compete for third place in the mobile handset chip industry. LSI sold off its consumer products division in July, signed contract manufacturing agreements to allow it to slough off factories and workers, and has bought two chip makers over the past year, including StoreAge Networking Technologies. So far, the company has pared its workforce by over a third to 6,000 people. "We're done with the major moves," said Richardson. He joined LSI two years ago with several colleagues from Intel, including Abhi Talwalkar, LSI's president and chief executive officer. Talwalkar used to be a vice president and co-general manager at Intel's Digital Enterprise Group, which includes storage and communications products. The group set changes in motion at LSI to make it more streamlined in terms of its product portfolio, and more powerful in its main business segments -- networking and storage. "The combination of the companies has already resulted in major design wins," according to Richardson, though he declined to elaborate. LSI and Agere shared a lot of synergies in storage and networks, which is why the deal made sense, he said. In networking, LSI is now focused on providing chips to telecommunications companies for TV services, broadband, and collaboration. Chips are needed for equipment used in advanced packet processing, advanced traffic management, content inspection, and digital signal processing. For the storage business, which includes hard disc drives, there are a host of new products either coming out or under consideration at the company, including chips for solid-state drives, Richardson said. The decision to sell its mobile phone arm wasn't easy, but LSI sees the market as a tough one undergoing consolidation. Two companies dominate in communications chips, Texas Instruments and Qualcomm, said Richardson, and there's an ongoing battle for a distant third place. Several major chip makers have opted out of the segment in recent years. For example,Â Intel agreed to sellÂ its communications and application processor business last year to Marvell Technology Group for $600 million. This year has seen a few deals, including the LSI-Infineon transaction and the purchase of Analog Devices' telecommunications chip products by Taiwan's MediaTek for $350 million in cash. "We believe there will be further consolidation," said Richardson. Â
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Intelliden, a leading provider of Intelligent Networking solutions that  enable organizations to control, manage and scale their networks, is  speaking at the upcoming Next Gen OSS Integration Summit organized by  Telecom IQ, a division of IQPC.
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Developing a new use for the material that's already the foundation of the computer chip industry, Intel Corp. researchers have built a continuously shining silicon laser that could drive down the cost of optical networking.
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Intel Corp. INTC.O said on Monday it  would reorganize -- creating two new divisions to focus on  opportunities for its technologies in digital healthcare and in  serving its distribution channel.
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Koninklijke Philips Electronics has completed the sale of an 80.1 percent stake in its chip division to a group of private investment houses, the company said Saturday.ADVERTISEMENTMAKE SOA REAL WITH IBM WEBSPHERE PODCASTStreamline processes and maximize efficiency within a proven service oriented architecture. Take back control of your business processes with IBM WebSphere.
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New component will help next generation of Intel's wireless chip reach full audience for Wi-Fi.
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Company playing catch-up with Intel, begins selling dual-core Athlon 64 X2 processors based on smaller design.