Intel becomes second most boring IT company
Buys into storage
Chip giant Intel, a firm which used to be so much fun before it developed its building-block strategy, has gone and really done it this time.
It has just announced that it has bought German company ICP vortex Computersysteme in cash for shares.
ICP vortex Computersystem - even the name doesn't slip off the tongue - specialises in intelligent storage, so we're talking RAID systems, IO stuff here.
"With the addition of ICP vortex, we are enhancing Intel's ability to meet the needs of our computer and storage OEM customers with a broader range of intelligent storage building blocks," said Wendy Vittori, GM of Intel's IO division.
Enough said, we think.
Oh, we hear you ask, which is the most boring? EMC. ®