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The "intel view" of this announcement can be found on their newsroom [1], its justification for this sale is basically this PR spin its CEO: "For Intel, this t
by mythz 6y ago
The "intel view" of this announcement can be found on their newsroom [1], its justification for this sale is basically this PR spin its CEO:
"For Intel, this transaction will allow us to further prioritize our investments in differentiated technology where we can play a bigger role in the success of our customers and deliver attractive returns to our stockholders."
[1] https://newsroom.intel.com/news-releases/nand-memory-news/ https://newsroom.intel.com/news-releases/nand-memory-news/
- baxtr 6y agoTranslates into: “we didn’t know how to play this right and now we need to cut or loses quickly, otherwise we’re doomed”