Intel parts with 20% slice of semiconductor biz crucial to chip production future
Intel is selling a 20 percent stake in a key technology company it owns to investors Bain Capital, claiming the move will encourage more cross-industry collaboration once the chip giant loosens its grip on the venture.to Bain Capital Special Situations in a deal that puts a value on IMS of approximately $4.3 billion.
Intel initially invested in IMS in 2009, before acquiring the business in 2015. Since then, IMS has delivered a significant return on investment, Intel said, while growing production capacity through three product generations. Also, one could make the argument that selling off a chunk of IMS will bring a fresh business approach from Bain, and help convince other partners and customers of IMS that it is no longer totally under the thumb of the giant chipmaker.
Gaurav Gupta, Gartner VP for Emerging Technologies and Trends, said that this is a plausible justification for the move.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Glasgow named among top 20 healthiest cities for 'happier' life - full listThe analysis looked at physical and mental health to determine what cities that live the healthiest lifestyles.
Weiterlesen »
How Pixar has changed in the last 20 yearsWe look back at how the world's most famous animation studio and digital animation as a whole has changed since the turn of the millennium.
Weiterlesen »
Man, 20, arrested on suspicion of murder of Salah Eldin Adam in Old TraffordBREAKING: Man, 20, arrested on suspicion of murder of Salah Eldin Adam in Old Trafford
Weiterlesen »
Solar panel canopies placed on Leicester car parkThe panels will produce enough energy to power 20 homes for a year, the authority says.
Weiterlesen »
Man stabbed student eight times with 13-inch knife over joke about a skateboardA music producer was jailed for stabbing another student eight times over a joke about a skateboard.
Weiterlesen »