Intel Recruits ARM Executive Thomas Lantzsch to Head Connected Device Effort
November 29 2016 - 4:40PM
Dow Jones News
Intel Corp. once again reached outside its ranks to fill a key
executive position, recruiting an executive from rival ARM Holdings
PLC as the big chip maker steps up plans to sell chips for devices
other than computers.
The company on Tuesday said Thomas Lantzsch will become in
January senior vice president in charge of an Intel group focusing
on the Internet of Things, or IoT, a phrase used to describe a wide
range of everyday devices enhanced with communications and
computing capabilities. He had served as executive vice president
for strategy at ARM, a British provider of microprocessor designs
that was recently purchased by Japan's SoftBank Group Corp.
Intel is breaking out technology for cars, which has emerged as
one of the hottest IoT markets, into a separate effort. Intel said
it is forming a unit called the automated driving group that will
develop chips and other technology related to self-driving cars and
driver-assistance systems.
Douglas Davis, a senior vice president who has been running the
IoT group, changed previously announced plans to retire and will
help lead the automated driving group, Intel said. The group will
be jointly run with Kathy Winter, a vice president who joined Intel
earlier this year from Delphi Automotive PLC, the big automotive
components supplier.
Intel described the changes in a blog post by Venkata
Renduchintala, who joined Intel in November from rival Qualcomm
Inc. to oversee most product development at Intel. He wrote that
Mr. Lantzsch brings "deep strategic and operational acumen" and
will be "an accelerant leader for Intel and our industry."
Recruiting external expertise has been a key priority for Brian
Krzanich, Intel's chief executive, as he leads the company into new
fields where he aims to catch up to competitors.
That is particularly true in chips for cars, where Intel faces
entrenched competitors such as NXP Semiconductors NV—which recently
agreed to be acquired by Qualcomm for $39 billion—and relative
newcomers such as Nvidia Corp., which has focused on autonomous
driving applications.
But Mr. Krzanich, who recently gave a keynote speech at the
annual auto show in Los Angeles, has been able to point to some
wins. Delphi and Mobileye NV, for example, on Tuesday said they
would use Intel chips for an autonomous driving system they are
developing for car makers that will be demonstrated in January at
the Consumer Electronics Show.
Write to Don Clark at don.clark@wsj.com
(END) Dow Jones Newswires
November 29, 2016 16:25 ET (21:25 GMT)
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