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Intel Plans IPO for Its Programmable Chip Unit, INTC Stock Price Jumps After Hours

Intel Plans IPO for Its Programmable Chip Unit, INTC Stock Price Jumps After Hours
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Intel To Set Its FPGA Unit Free To Pursue Its Own Path

Maybe Intel chief executive officer Pat Gelsinger has spent too much time at EMC and VMware. Because now Intel wants to spin out the FPGA business that is ....

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Intel Spins Off Programmable Chip Business With FPGA Market Poised For Explosive Growth

The chip maker says the move will give the group the autonomy and flexibility it needs for faster growth and to ultimately be more competitive in the Field Programmable Gate Array (FPGA) market. ....

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Intel eyes IPO of programmable solutions unit

Intel eyes IPO of programmable solutions unit
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Intel plans to spin off FPGA group as an independent company nine years after buying Altera

On October 3, CEO Pat Gelsinger announced Intel’s plan to spin out the company’s Programmable Solutions Group (PSG) – the group that was once known as independent FPGA maker Altera – into an independently operated company. Gelsinger’s explanation for why Intel is spinning PSG back out into an independent company is that he’s unlocking shareholder… ....

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