Featured Articles

Apple announces its Apple Watch

Apple announces its Apple Watch

Apple has finally unveiled its eagerly awaited smartwatch and surprisingly it has dropped the "i" from the brand, calling it simply…

More...
Skylake 14nm announced

Skylake 14nm announced

Kirk B. Skaugen, Senior Vice President General Manager, PC Client Group has showcased Skylake, Intel’s second generation 14nm architecture.

More...
Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

Apple officially announces 4.7-inch iPhone 6 and 5.5-inch iPhone 6 Plus

The day has finally come and it appears that most rumors were actually spot on as Apple has now officially unveiled…

More...
CEO: Intel on target for 40m tablets

CEO: Intel on target for 40m tablets

Intel CEO Brian Krzanich just kicked off the IDF 2014 keynote and it started with a phone avatar, some Katy Perry…

More...
Aerocool Dead Silence reviewed

Aerocool Dead Silence reviewed

Aerocool is well known for its gamer cases with aggressive styling. However, the Dead Silence chassis offers consumers a new choice,…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Thursday, 20 December 2007 07:47

Intel exits telecom optical platform business

Written by David Stellmack
Image

Sells it to Emcore


Intel has announced that it will be selling off its telecom optical platform business to Emcore. Emcore will purchase Intel’s telecom optical platform business to add to their fiber optics products lineup. The sale really amounts to Intel refocusing on its core business and moving away from areas that are not in line with current company initiatives.

Emcore will pay Intel $85 million for the Telecom assets and intellectual property. Intel will continue to ponder what is going to be next for the enterprise part of their optical platform division after the sale is completed. The deal is expected to close at some point during the first quarter of 2008.

Read the press release here.

Last modified on Thursday, 20 December 2007 08:24

David Stellmack

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments