Feeds

Intel takes on Olicom R&D team

The Danish fire sale continues

  • alert
  • submit to reddit

Providing a secure and efficient Helpdesk

Olicom, the moribund networking equipment vendor, has sold its 220-strong R&D team to Intel for an undisclosed sum. Intel has an affinity with Denmark and networking: in 1997 it stumped up £46 million for the Danish operations of Case,(the rump of which is now called Anite) to take it into Fast Ethernet for the first time. Through Olicom’s R&D team, Intel gains new staff in Copenhagen and Gdansk, in Poland. But technology? We'll let you know as soon as someone tells us. All that’s left of Olicom is a controlling stake in a company called Digianswer. Olicom says it expects to sell this share for a substantial premium to book value. Which is not saying much. As group book value is currently hovering around zero. Following the disposal of the Diginswer business, Olicom will become a shell company. Earlier this month, it sold its major going concern, the Token Ring business, to rival player Madge for $15 million cash and unspecified royalty payments for three years. ®

Providing a secure and efficient Helpdesk

More from The Register

next story
Phones 4u slips into administration after EE cuts ties with Brit mobe retailer
More than 5,500 jobs could be axed if rescue mission fails
Apple CEO Tim Cook: TV is TERRIBLE and stuck in the 1970s
The iKing thinks telly is far too fiddly and ugly – basically, iTunes
Huawei ditches new Windows Phone mobe plans, blames poor sales
Giganto mobe firm slams door shut on Microsoft. OH DEAR
Phones 4u website DIES as wounded mobe retailer struggles to stay above water
Founder blames 'ruthless network partners' for implosion
Apple Pay is a tidy payday for Apple with 0.15% cut, sources say
Cupertino slurps 15 cents from every $100 purchase
Forget silly privacy worries - help biometrics firms make MILLIONS
Beancounter reckons dabs-scanning tech is the next big moneypit
Microsoft's Office Delve wants work to be more like being on Facebook
Office Graph, social features for Office 365 going public
prev story

Whitepapers

Secure remote control for conventional and virtual desktops
Balancing user privacy and privileged access, in accordance with compliance frameworks and legislation. Evaluating any potential remote control choice.
Saudi Petroleum chooses Tegile storage solution
A storage solution that addresses company growth and performance for business-critical applications of caseware archive and search along with other key operational systems.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
Security for virtualized datacentres
Legacy security solutions are inefficient due to the architectural differences between physical and virtual environments.
Providing a secure and efficient Helpdesk
A single remote control platform for user support is be key to providing an efficient helpdesk. Retain full control over the way in which screen and keystroke data is transmitted.