Intel is spinning off its Network and Edge group Tezzbuzz  |  26/07/2025 06:24:59

Intel continues to streamline its business.

The company plans to spin off its Network and Edge group, which is responsible for making chips for the telecom industry, as originally reported by CRN. Intel will be an anchor investor in the standalone business and will seek outside capital.

Intel was rumored to be looking for a buyer for its Network and Edge group in May. This business produced $5.8 billion in revenue in 2024.

This strategy seems similar to the company’s decision to spin off RealSense, its former stereoscopic imaging technology business, earlier this month. Intel decided to spin RealSense out during former CEO Pat Gelsinger’s tenure and the company struck out on its own with $50 million in venture funding.

Read reached out for more information about its plans and timeline for the spinout.

Read more
Migrant protests: Nine arrests in London as counter-protesters break police condition
Newspoint
How to lose weight at home: 7 simple strategies that work
Newspoint
Not every skin product is for you; Know how to determine what your skin needs
Newspoint
Celebrating Machli, Ranthambore's iconic tigress
Newspoint
Chris Woakes Ruled Out of the Oval Test, Big Blow for England
Tezzbuzz
Matt Milnes to return to Kent on Three-Year Contract
Tezzbuzz
Who in the commentary panel of DPL 2025? See the full list from Chetan Sharma to Reema Malhotra. Read
Tezzbuzz
Neom withdraw €35m Evann Guessand offer, Crystal Palace bid short of OGC Nice’s valuation
Tezzbuzz
Politano confident Napoli ‘can compete with anyone’
Tezzbuzz
National Awards: Some Won Five and Some Won Four National Awards; Know the Names of that that Bollywood actors
Tezzbuzz