Feeds

Intel trims telco fat and sells it to Eicon

'We'll chew on that'

Secure remote control for conventional and virtual desktops

Intel continues to carve off its least impressive units. This time around the chipmaker has made a bundle out of its telecommunications business and mailed it to Canada's Eicon Networks.

Neither Eicon nor Intel disclosed financial terms for the deal, which will result in Intel's media and signaling assets ending up at Eicon in the next four to six weeks. The product lines affected include Intel's SS7, PBX integration and gateway products; gear it acquired from Dialogic and any Host Media Processing products. This deal follows Intel's XScale sale to Marvel for $600m.

Eicon is thrilled to get Intel's trimmed fat.

"This is a very exciting day for Eicon," said Nick Jensen, Eicon's CEO. "Eicon's and Intel's media and signaling products complement each other well. We expect this acquisition to extend our global reach with solutions for both traditional circuit switch communication technology and leading-edge IP platforms for both enterprises and service providers."

A "significant number" of Intel's 600 telecommunications biz employees should end up at Eicon, the companies said.

Intel stressed that the deal does not affect its ATCA and CompactPCI blade plans.

Intel's chief Paul Otellini is using the business unit sales to prove that he's serious about lowering costs. The company's financial fortunes have soured due to increased competition from AMD and a number of product miscues.

Given that the sale to Eicon doesn't even count as material, you can figure that losing the telecommunications biz won't do a lot to affect Intel's bottom line. Every little bit counts though, right? ®

Intelligent flash storage arrays

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
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?
Internet Security Threat Report 2014
An overview and analysis of the year in global threat activity: identify, analyze, and provide commentary on emerging trends in the dynamic threat landscape.
Storage capacity and performance optimization at Mizuno USA
Mizuno USA turn to Tegile storage technology to solve both their SAN and backup issues.