Intel

Intel Buys 15% Stake in Map Company HERE

  SANTA CLARA & EINDHOVEN, Netherlands –- Intel said it has agreed to purchase a 15 percent ownership stake in HERE, a Netherlands-based provider of digital maps and location-based services. The stake was purchased from auto makers and HERE’s current indirect shareholders: AUDI AG, BMW AG and Daimler AG. The actual amount of the stake […]

Intel

Intel’s Voke to Offer VR Highlights of NFL Games

  SANTA CLARA — VOKE, a virtual reality technology company acquired by Intel last month, is teaming up with the National Football League to create a personalized, fully immersive virtual reality highlights experience for fans worldwide using VOKE’s TrueVR technology. This month, VOKE will produce highlights in virtual reality from four NFL games that will allow fans […]

Intel News

Intel Forms McAfee Company With Hedge Fund TPG

  SANTA CLARA, CA, SAN FRANCISCO & FORT WORTH, TX — Intel Corporation plans to form a new independent cybersecurity company with hedge fund TPG. The new company will be called McAfee following the close of the transaction. TPG will own 51 percent of McAfee and Intel will own 49 percent in a transaction valuing the business at approximately $4.2 […]

Executives Intel

Intel Hires New CIO

  Intel has appointed Paula Tolliver as corporate vice president and chief information officer (CIO), replacing Kim Stevenson who will take on a new role at the company. Tolliver joins Intel from Dow Chemical where she served as corporate vice president of business services and CIO. As Intel CIO, Tolliver will report to Intel chief […]

Intel

Intel, Airbus Demonstrate Drone Airplane Inspections

  A team from Intel and Airbus demonstrated an aircraft visual inspection with a modified AscTec Falcon 8 with Intel RealSense cameras. The demo took place during this week’s Farnborough International Airshow in England on an Airbus passenger airliner. “This collaboration and demo with Airbus showcases the advancements and innovation Intel brings to the drone […]

Intel

Intel to Team Up With BMW, Mobileye for Self-Driving Cars

    BMW Group, Intel and Mobileye are joining forces to make self-driving vehicles and future mobility concepts become a reality. The three leaders from the automotive, technology and computer vision and machine learning industries are collaborating to bring solutions for highly and fully automated driving into series production by 2021. The future of automated […]

Intel News

Intel Cutting 12,000 Jobs

  SANTA CLARA – Intel Corporation has announced a restructuring initiative that will cut 12,000 jobs or 11% of its total workforce. Intel is seeing a decline in its chip business that powers personal computers and moving to one that powers the cloud and billions of smart, connected computing devices. Intel said this restructuring will […]

Deals Intel

Intel Buys Replay Technologies

Intel has signed an agreement to acquire Replay Technologies. Founded in 2011 and headquartered in Israel, Replay’s proprietary freeD format uses high-resolution cameras and computer-intensive graphics to let viewers see and experience sporting events from any angle. Israeli media has put the purchase price at $175 million. The recent NBA All-Star Weekend experience showcased “free […]