Intel Corporation (INTC) seeks to expand the boundaries of technology to provide the most amazing experience possible while designing, manufacturing, and selling integrated digital technology globally.
Reportedly, Intel is looking for buyers for its connected home division unit. The unit makes chips used in-home internet access gear and generates annual sales of about $450 million, as per sources. The chipmaker has been looking for a financial adviser to seal the deal.
In July, Intel sold its smartphone modem business to Apple Inc. in a $1 billion deal. Intel Chief Executive Officer Bob Swan informed that he is exploring options for areas that are not competitive. A representative from the company declined to comment on the matter.
To learn more about Intel Corporation (INTC) and to track its progress please visit the Vista Partners Intel Corporation Coverage Page.
Vista Partners LLC (”Vista”) is a California Registered Investment Advisor based in San Francisco. Vista delivers timely and relevant insights via the website: www.vistapglobal.com with daily stories, weekly market updates, monthly macroeconomic newsletters, podcasts, & Vista’s proprietary equity and market research to help you stay informed and stay competitive. Vista’s mission is to invest partner capital while arming investors with a comprehensive global financial perspective across all market sectorsVista also seeks to provide select issuers with actionable advice regarding fundamental development, corporate governance, and capital market directives.
Stay Informed! Stay Competitive!.
Join us at Vista Partners! It’s FREE to receive email updates.
nov2(11)
Post View Count : 438
