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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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
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.
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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