- Intel Search for buyers of its networking group and on -board
- These areas represented 11% of Intel 2024 total income
- This decision comes as intel layoffs continue to hit his workforce
Intel plans to turn its networking and cutting -edge group as part of a continuous effort at the company’s scale to increase profitability.
The news has been confirmed in an internal note seen by CRNWritten by Sachin Katti, who has occupied a certain number of roles in the networking group and Edge (NEX) of Intel, including SVP, GM and CTO.
Although Nex is disturbed, Intel should remain a key investor, similar to his previous approach with Altera. That is to say, of course, if Intel manages to find a buyer.
Intel will run its networking and on -board group
An Intel spokesperson confirmed (via CRN)) “We plan to establish key elements of our networking and communication activities as an autonomous company … Like Altera, we will remain an anchor investor allowing us to benefit from the future increase while we position the company for future growth.”
However, the company remains in the first stages of identifying potential investors.
In 2024, Nex generated around 5.8 billion dollars in Intel, or about 11% of the company’s 53.1 billion in the company’s total annual income.
This decision is the drastic action of Latets under the direction of the new CEO of Intel LIP-BU Tan, which promised great changes when it entered on board earlier in 2025.
“Intel was once largely considered to be the most innovative business in the world. There is no reason why we can not return, as long as we drive the changes necessary to improve,” Tan shared with colleagues in April 2025.
Although most of the changes have highlighted in Tan’s note to humans -centered workers – redundancies, a return to the office and rationalized processes with fewer unnecessary meetings – the CEO has also made changes to the company itself.
Nevertheless, with this news coming only a few days after we learned that Intel would further reduce its workforce, it marks an important step in the history of Intel and to which workers will pay particular attention.
