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The first thing this reminded me of was when Intel got rid of StrongARM/XScale because they didn't think it would amount to much in the long run. Hopefully they
by jasoneckert 3y ago
The first thing this reminded me of was when Intel got rid of StrongARM/XScale because they didn't think it would amount to much in the long run. Hopefully they don't regret this particular spinoff in the future.
- reachableceo 3y agoOne would presume Intel will get a decent chunk of the stock in any IPO and capture the upside value. That does seem to be how these kind of deals are usually structured. Spinco is 60% owned by the parent or wherever.