Intel Names 30-Year Veteran CEO
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Intel Corp. named President Paul S. Otellini as its next chief executive officer, for the first time choosing a non-engineer to run the world's largest computer-chip maker.-Bloomberg News
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Intel and security industry veteran signs on to be CEO at In-Q-Tel.
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InfoWorld - After a busy two years&#160;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.
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David Edmondson, president and COO of the retailer, has been elected to the board of the chipmaker.
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Intel Corp. on Thursday said President Paul Otellini, a marketing expert, would replace Craig Barrett as chief executive, at a time when the No.
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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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Intel announced Thursday that its president, Paul Otellini, would become its next chief executive officer, choosing a non-engineer to run the world&#39;s largest computer-chip maker for the first time.
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Intel Corp.'s board of directors Thursday elected current president and chief operating officer (COO) Paul Otellini as the company's next chief executive officer (CEO), succeeding Craig Barrett who was named new chairman of the board.
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BY PETER SVENSSON The Associated Press   NEW YORK -- Andy Grove, management guru and former head of Intel Corp., says he is dismayed by the recent combination of the chairman and CEO positions at Hewlett-Packard Co.  "Every time I see that -- a company that has departed from the ...
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CEO tells why the move to multicore chips is a necessary one, and how Intel "ate crow." Also: the Microsoft and AMD factors.
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Intel Corp. Chief Executive Officer Craig Barrett wanted to go out in glory like his old boss, Andy Grove. Instead, he&#39;ll retire to slumping sales growth, restless investors and repeated product delays.
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Intel Corp. INTC.O, the world's  largest computer chipmaker, on Thursday said Chief Executive  Craig Barrett plans to step aside and be replaced by President  Paul Otellini, in a long-planned move.
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Intel Corp.&#39;s board of directors on Thursday tapped Paul Otellini, who has been with the company for 30 years, to replace Craig Barrett as chief executive officer in May.
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Gordon Moore, the unassuming  billionaire co-founder of Intel Corp, says the end of the  technology maxim bearing his name is drawing to a close,  perhaps as soon as 10 years from now.
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(InfoWorld) - Intel and the Irish government are building the largest research initiative in the world dedicated to developing health-care technologies specifically for the elderly, they said on Tuesday. Combined, Intel and the Industrial Development Agency Ireland, a government organization that seeks investments from overseas companies, are contributing $30 million over three years to the initiative, which will include collaboration with three Irish universities and 50 to 100 new researchers at Intel in Dublin. The researchers will aim to develop technologies that can allow the elderly to continue to live independently and at home. They'll focus on technologies that can improve social health and community engagement for older people, detect and prevent falls in the home, and help people with memory loss to remain independent. Some of the researchers, who will come from a variety of disciplines including ethnography and biomedical engineering, will begin by living with families around the world to study how older people interact with family members, doctors, and health-care systems. Some of the technologies that could be commercialized and that Intel has already begun to work on include home sensor networks that can detect whether an elderly person has fallen or left the oven on and alert family members. A different type of sensor network that attaches to a person's body can study the user's gait to determine whether the person is becoming prone to potentially debilitating falls. Commercialized products could use low-cost components and be paid for the same way that health-care products are paid for today, said Eric Dishman, global director of Intel's health research and innovation group, during a press conference to announce the new center. He offered an example of a tool Intel has worked on designed for Alzheimer's patients. Using primarily off-the-shelf technologies, Intel built a "caller ID on steroids" that displayed a photograph of the caller plus additional information such as people the caller and the end user know in common and the last time the caller and the end user spoke, he said. While the photograph didn't always help the end user remember the identity of the caller, the additional information sometimes did, he said. The center plans to actively share its information with other researchers and companies around the globe in hopes of attracting input from those organizations. In two to three years, the organization plans to begin publishing clinical studies and case studies about its research. While Ireland has a reputation for an educated work force that can staff such research institutions, it has a couple of other factors working against it as a location for this Intel center. For example, Ireland has one of the youngest populations in the region so doesn't represent the norm in Europe, where Intel expects that one third of the population will be over 65 years of age in 2050. Ireland also has a very poor health-care record. A 2006 report on health care in Europe executed by Health Consumer Powerhouse AB ranked Ireland 25 out of 26 European nations, in front of only Lithuania. The study examined factors such as waiting times and outcome of treatment. The Irish government has been focusing over the past couple of years on trying to attract research and development operations, to pick up the slack from manufacturing companies moving to cheaper locales. The new center is an example of the type of investment the government is looking to attract.
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The PC industry is about to go through a major change in the way computers are designed, built and marketed, Intel President and COO Paul Otellini said today at the Fall Intel Developer Forum.
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Craig Barrett, Intel Corp.&#39;s 6-foot-3- inch chief executive, walked onto a stage during a industry conference in Florida last week, got down on his knees in front of more than 6,000 technology managers, and begged forgiveness.