Intel to Spin Off Programmable Solution Group, Seeks IPO
Intel makes strategy move with its Programmable Solution Group.
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Intel makes strategy move with its Programmable Solution Group.
CEO Pat Gelsinger said turning PSG into a separate business on 1 January will give it the ‘independence’ from Intel it needs to keep growing.
Intel is preparing an initial public offering of its Programmable Solutions Group. It could be a multibillion-dollar boost for the chip maker.
Intel is planning an IPO of Its programmable chip business, Novartis is set to complete generics division spinoff, and other news to start your day.
Get Free Report shares moved higher in pre-market trading following the chipmaker's move to spin-out a key division, with plans for a near-term IPO, as the…