Intel Creates New Network and Custom Logic Group
June 13 2019 - 3:44PM
Dow Jones News
By Stephen Nakrosis
Intel Corp. (INTC) on Thursday said the company will combine its
network infrastructure organization and its programmable solutions
organization into a new Network and Custom Logic Group.
Dan McNamara, who will serve as senior vice president and
general manager of the Network and Custom Logic Group, said the
move comes on the heels of conversations with customers who are
concerned about new technologies disrupting existing businesses and
who are seeking to capitalize on new opportunities presented by
these technologies.
He said the merger allows the company "to bring maximum value to
our customers by delivering unprecedented and seamless access to
Intel's broad portfolio of products."
Mr. McNamara said, "5G is one area where both disruption and
opportunity are mentioned in the same sentence," adding, "5G will
unleash new ways to use computing - not only offering speed and
performance, but also low latency and reliability that ensure some
of the capabilities that today's network cannot deliver."
--Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
June 13, 2019 15:29 ET (19:29 GMT)
Copyright (c) 2019 Dow Jones & Company, Inc.
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