Feeds

Intel comms business 'for sale'

Strategic review gets real

High performance access to file storage

Intel may sell off its communications business as part of a deep review of its business.

Boss Paul Otellini said in April the firm was beginning a detailed strategic review. He suggested this would go beyond just cutting jobs. Analysts said last month that the comms business was first in the firing line.

Intel's IXP network processor and its Xscale business - which made mobile chips for phones and other mobile devices are being sold off as a single business, according to the San Jose Mercury. Other parts of Intel's communication business are also up for sale, according to the paper, which has seen documents relating to the sale.

The future of the firm's memory business and Itanium line is still not clear. Intel has lost ground against rival AMD recently. AMD is now expected to hit its target of 30 per cent market share/revenue.

Private equity groups are already looking at the various divisions, according to the paper. More from the SJMercury here.

Industry rumours have put potential job cuts as high as 16,000 - 16 per cent of its total staff. Last month Intel axed a 17-strong design team in Glasgow. ®

High performance access to file storage

More from The Register

next story
Report: Apple seeking to raise iPhone 6 price by a HUNDRED BUCKS
'Well, that 5c experiment didn't go so well – let's try the other direction'
Video games make you NASTY AND VIOLENT
Especially if you are bad at them and keep losing
Microsoft lobs pre-release Windows Phone 8.1 at devs who dare
App makers can load it before anyone else, but if they do they're stuck with it
Nvidia gamers hit trifecta with driver, optimizer, and mobile upgrades
Li'l Shield moves up to Android 4.4.2 KitKat, GameStream comes to notebooks
Gimme a high S5: Samsung Galaxy S5 puts substance over style
Biometrics and kid-friendly mode in back-to-basics blockbuster
Dell Wyse Cloud Connect: Pocket Android desktop
Ultrathin client with a lot of baggage. The upside? It's a rogue sysadmin's delight
AMD unveils Godzilla's graphics card – 'the world's fastest, period'
The Radeon R9 295X2: Water-cooled, 5,632 stream processors, 11.5TFLOPS
Zucker punched: Google gobbles Facebook-wooed Titan Aerospace
Up, up and away in my beautiful balloon flying broadband-bot
Sony battery recall as VAIO goes out with a bang, not a whimper
The perils of having Panasonic as a partner
prev story

Whitepapers

Mainstay ROI - Does application security pay?
In this whitepaper learn how you and your enterprise might benefit from better software security.
Five 3D headsets to be won!
We were so impressed by the Durovis Dive headset we’ve asked the company to give some away to Reg readers.
3 Big data security analytics techniques
Applying these Big Data security analytics techniques can help you make your business safer by detecting attacks early, before significant damage is done.
The benefits of software based PBX
Why you should break free from your proprietary PBX and how to leverage your existing server hardware.
Mobile application security study
Download this report to see the alarming realities regarding the sheer number of applications vulnerable to attack, as well as the most common and easily addressable vulnerability errors.