Intel is ‘breaking up’; to sell its networking division; read the note sent to customers

Intel is set to spin off its Network and Edge Group (NEX) into a stand-alone company, seeking strategic investors to bolster its growth. This move, driven by CEO Lip-Bu Tan’s streamlining efforts, aims to sharpen focus and accelerate innovation in networking and communications. Sachin Katti assures customers of seamless transition and improved service, with Intel remaining an anchor investor.