SiliconANGLE

Intel to spin off NEX networking business into independent company

Intel Corp. plans to spin off its NEX networking business into an independent company with help from external investors. CRM reported today that Sachin Katti, the unit’s senior vice president and ...
Hosted on MSN

Intel drops plans to sell networking and communication division — says keeping NEX in-house will strengthen integration and customer offerings

Intel has decided to retain its networking and communications (NEX) unit rather than proceed with a sale after completing an internal evaluation of strategic options for the division. The move ...
SiliconANGLE

Intel scraps plan to spin off NEX networking chip business

Intel Corp. has scrapped plans to sell its multibillion-dollar NEX networking chip business. The company announced the move on Wednesday in a statement issued to Tom’s Hardware. The reversal comes ...
Network World

Intel eyes exit from NEX unit as focus shifts to core chip business

CEO Lip-Bu Tan could shed the $5.8 billion NEX division as the chipmaker refocuses on its traditional strongholds. Intel (Nasdaq:INTC) is exploring the sale of its Network and Edge (NEX) business, ...
SDxCentral

Intel U-turns on networking, with its NEX unit to stay in-house

Hold the presses: Intel is U-turning on its decision to shelve its Network and Edge Group (NEX). The embattled chip giant had announced in July that it was looking to potentially shelve or sell its ...