Tag: Intel

Intel’s Future is Murky – CEO Gelsinger Abruptly Retires

by Steven J. Schuchart Jr., posted in IT Leader
S. Schuchart

In a shocking move, Intel CEO Pat Gelsinger has retired from his position as CEO as well as his seat on Intel’s board. The resignation is effective as of December 1, 2024. Intel is currently looking for a new CEO, and in the meantime, it has appointed David Zinser – Intel CFO and Michelle Johnston Holthaus – CEO of Intel Products as interim co-CEOs. Officially, Gelsinger retired. Unofficially, it’s likely he didn’t have a choice. The board needed to sacrifice somebody important to Wall Street.

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Dear Intel, Here’s Why Selling Intel Security Would be a Huge Mistake

by Eric Parizo, posted in Secure
Summary Bullets:
• A rumored sale of its security business would be a major mistake for Intel.

• Intel Security has strong legacy products, promising new ones, winning leadership and strategy, and presents synergistic opportunities key to Intel’s future.

I’m not sure what surprised me more: Sunday’s Financial Times report that Intel was exploring a sale of its security division, or that industry observers and partners alike seem to be either indifferent or actually in favor of such a dramatic move.

Current Analysis believes a sale of Intel Security or its assets would be a mistake, for a variety of reasons. Here’s a brief look at the value Intel Security provides its parent:

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