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Intel Corp (INTC.O)

INTC.O on Nasdaq

21 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Intel Corporation completes acquisition of Altera Corporation
Monday, 28 Dec 2015 09:30am EST 

Intel Corporation:Has completed the acquisition of Altera Corporation.  Full Article

Intel Declares Quarterly Cash Dividend
Friday, 11 Sep 2015 09:00am EDT 

Intel Corporation's:Declares a quarterly dividend of 24 cents per share (96 cents per share on an annual basis) on the company's common stock. The dividend will be payable on Dec. 1, to stockholders of record on Nov. 7.  Full Article

Intel Corp Invests US$50 Million to Advance Quantum Computing
Thursday, 3 Sep 2015 07:00am EDT 

Intel Corp:Says 10-year collaborative relationship with the Delft University of Technology and TNO, the Dutch Organisation for Applied Research, to accelerate advancements in quantum computing.Says To achieve this goal, Intel will invest US$50 million and will provide significant engineering resources both on-site and at Intel, as well as technical support.  Full Article

U.S. judge approves $415 mln settlement in tech worker lawsuit, which workers accused Apple Inc, Google Inc and Intel Corp and Adobe Systems Inc - Reuters
Wednesday, 2 Sep 2015 08:00pm EDT 

Intel Corp:A U.S. judge on Sept.2 granted final approval to a $415 million settlement that ends a high profile lawsuit in which workers accused Apple, Google and two other Silicon Valley companies of conspiring to hold down salaries - Reuters.The plaintiffs alleged that Apple Inc, Google Inc , Intel Corp and Adobe Systems Inc agreed to avoid poaching each other's employees, thus limiting job mobility and, as a result, keeping a lid on salaries - Reuters.In a ruling on Sept.2, U.S. District Judge Lucy Koh in San Jose, California, found the deal was fair to the thousands of plaintiff workers in the class action - Reuters.Attorneys representing those workers had asked for about $81 million in fees - Reuters.However, Koh decided such an award would be an inappropriate "windfall" for the lawyers, and awarded about $40 million instead - Reuters.The antitrust class action lawsuit was filed in 2011 - Reuters.The case was based largely on emails in which Apple co-founder Steve Jobs, former Google Chief Executive Officer Eric Schmidt and some of their rivals detailed plans to avoid poaching each other's prized engineers - Reuters.  Full Article

Intel Collaborates With Georgia Tech to Boost Diverse Tech Pipeline
Tuesday, 4 Aug 2015 09:00am EDT 

Intel Corporation:Announces that it will invest $5 million over the next five years to deepen its engineering pipeline partnership with the Georgia Institute of Technology and deploy research-driven solutions.Says to inspire and retain women and underrepresented minorities to start and complete computer science and engineering degrees.  Full Article

Intel sets quarterly dividend of $0.24 per share
Thursday, 23 Jul 2015 09:00am EDT 

Intel Corp:Sets quarterly dividend of $0.24 per share.Says the dividend will be payable on Sept. 1, to stockholders of record on Aug. 7.  Full Article

Intel Corporation announces management change - Form 8k
Thursday, 2 Jul 2015 09:03am EDT 

Intel Corporation:Says that Renee J. James will retire from her position as president effective Jan. 2016.  Full Article

Intel Corp laying off 317 at two sites - Albany Business Review
Sunday, 28 Jun 2015 08:00pm EDT 

Intel Corp:Says Filings with the state of California are shedding light on layoff plans for computer chip giant Intel Corp - Albany Business Review.Says Word of Intel layoffs hit in mid-June but the California-based chip maker has been mum on details.Says With filings with the state of California the company has indicated 165 people are being laid off permanently.Says Additionally, 152 permanent layoffs are happening at the company's Folsom location, outside Sacramento.  Full Article

Intel Corporation to buy Altera for $16.7 bln
Monday, 1 Jun 2015 08:31am EDT 

Intel Corporation:Says deal expected to be accretive to non-GAAP EPS and free cash flow in first year after close.Says deal for about $16.7 billion.Says transaction has been unanimously approved by the Intel and Altera boards.Says intends to fund the acquisition with a combination of cash from the balance sheet and debt.Says transaction is expected to be accretive to intel's non-GAAP EPS and free cash flow in the first year after close.Deal for $54.00 per share.Says Altera will become an Intel business unit to facilitate continuity of existing and new customer sales and support.Says Intel plans to continue support and development for altera's arm-based and power management product lines.J.p. morgan securities llc, rothschild inc. serving as financial advisors to Intel.Goldman, Sachs & co. is serving as the exclusive financial advisor to Altera.  Full Article

Intel Corporation and eASIC collaborate on customized intel-based solutions for the Cloud
Tuesday, 12 May 2015 12:00pm EDT 

Intel Corporation:Plans to develop integrated products with eASIC Corporation that combine processing performance and customizable hardware to meet the increasing demand for custom compute solutions for data centers and the cloud.Says the new parts will enable acceleration of up to two times that of a field programmable gate array (FPGA) for workloads like security and big data analytics while also speeding the time to market for custom application specific integrated circuit (ASIC) development by as much as 50 percent.Says tremendous growth of cloud computing has spurred greater demand for customized chips that make a particular application or workload run faster.Says to enable this, eASIC plans to integrate its eASIC platform technology with future Intel Xeon processors, providing cloud service providers a highly customized, integrated hardware solution for their particular workload.eASIC's technology can increase flexibility and fast-time-to-market when compared to traditional ASICs and increase performance and lower power consumption when compared to FPGAs.By integrating hardware accelerator solutions with the eASIC platform, Intel can deliver much faster and more flexible systems for cloud customers.  Full Article

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