Intel snappers up two more firms

Diversity the name of the game

Just one hour after we wrote that Intel had made a five per cent investment in Slashdot, Slashdot seemed to be bought. Surely that was enough for one day, we thought, but no. Later on in the day, Intel bought Ambient Technologies for $150 million just after it bought an Indian semiconductor firm called ThinkIt. Both companies are involved in the comms business. Ambient makes chips for digital subscriber line (DSL) fast bandwidth cable networks, while ThinkIt makes kit for routers. The acquisitions show how serious Intel is in its desire to become the "building block" company for the Internet. It also demonstrates that it is not going to bet its future on microprocessors alone. So it's diversity we're talking about here. ®

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