Subj : Intel spins off Network and Edge computing groups in latest major
To   : All
From : TechnologyDaily
Date : Mon Jul 28 2025 10:15:08

Intel spins off Network and Edge computing groups in latest major company 
change

Date:
Mon, 28 Jul 2025 09:00:27 +0000

Description:
CEO Lip-Bu Tan wants to spin off Intel's Network and Edge Group to boost 
profitability.

FULL STORY
======================================================================Intel 
is looking for buyers of its Networking and Edge Group These areas accounted 
for 11% of Intel's total 2024 revenue The move comes as Intel layoffs 
continue to hit its workforce 

Intel is planning to spin off its engine Networking and Edge Group as part of 
an ongoing company-wide effort to boost profitability. 

The news was confirmed in an internal memo seen by CRN , authored by Sachin 
Katti, who has held a number of roles in Intel's Networking and Edge Group 
(NEX), including SVP, GM and CTO. 

Although NEX will be spun off, Intel is set to remain a key investor, similar 
to its previous approach with Altera. That is, of course, if Intel is 
successful in finding a buyer. Intel will spin off its Networking and Edge 
Group 

An Intel spokesperson confirmed (via CRN ): "We plan to establish key 
elements of our Networking and Communications business as a stand-alone 
company... Like Altera, we will remain an anchor investor enabling us to 
benefit from future upside as we position the business for future growth." 

However, the company remains in the early stages of identifying potential 
investors. 

In 2024, NEX generated around $5.8 billion in revenue for Intel, around 11% 
of the company's $53.1 billion in total annual revenue. 

The move is the latets drastic action undertaking under the direction of new 
Intel CEO Lip-Bu Tan, who promised big changes when he came on board earlier 
in 2025. 

"Intel was once widely seen as the worlds most innovative company. Theres no 
reason we cant get back there, so long as we drive the changes needed to 
improve," Tan shared with colleagues in April 2025. 

Although most of the changes highlighted in Tan's memo to workers centered 
around humans  redundancies, a return-to-office and streamlined processes 
with fewer unnecessary meetings  the CEO has also been making changes to the 
company itself. 

Nevertheless, with this news coming just days after we learned that Intel 
would be reducing its headcount even further , it marks a major milestone in 
Intel's history and one that workers will be paying close attention to. You 
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======================================================================
Link to news story:
https://www.techradar.com/pro/intel-spins-off-network-and-edge-computing-group
s-in-latest-major-company-change


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