Intergraph quits PCs, says Intel brought it to its knees
Exits PC and server business, lays off 400
Posted in Business, 3rd September 1999 00:16 GMT
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The actions of Intel have forced Intergraph to exit the PC and generic server business, the company claimed today. That will mean 400 jobs will go at the firm as it announced a big corporate restructure. According to a statement, Intergraph "suffered irreparable harm" from Intel's alleged actions, which are currently the subject of litigation in American courts. Said CEO Jim Meadlock: "As painful as it is, there is no choice but to distance our remaining hardware businesses from the damage Intel has caused and is continuing to cause. This means distancing them from Intergraph so they can become profitable businesses and leaders in their markets. In the meanwhile, we remain committed to providing our customers with superior products and service." The restructuring means that Intergraph will concentrate on positioning itself as a technical solutions and systems integration company, providing core software and services. Intergraph will take a $20 million charge for its Q that ends on the 30 September next, which covers inventory and the 400 redundancies worldwide. ® Related Stories Has Intel been caught sabotaging Intergraph Intergraph claims Intel still strangling it FTC lets Intel off the hook
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