Press Release - Intel
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ABOUT Intel
Intel Corporation (NASDAQ: INTC) is a semiconductor chip maker company. The Company develops advanced integrated digital technology products, primarily integrated circuits, for industries, such as computing and communications. The Company designs and manufactures computing and communications components, such as microprocessors, chipsets, motherboards, and wireless and wired connectivity products, as well as platforms that incorporate these components.
The Companys reportable operating segments are PC Client Group (PCCG) and Data Center Group. It also has non-reportable operating segments, whose product lines are based on Intel architecture: Embedded and Communications Group, Digital Home Group and Ultra-Mobility Group. The Companys NAND Solutions Group, Wind River Software Group, and Software and Services Group segments are included within the other operating segments category.
In February 2011, it acquired McAfee, Inc.
Company Website: www.intel.comCorporate Responsibility Website: Corporate Responsibility at Intel
Intel Forms New Subsidiary: Intel Federal LLC
SANTA CLARA, Calif., Aug. 30, 2011 – Intel Corporation today announced the formation of a wholly owned subsidiary, Intel Federal LLC, to provide strategic focus in order to better address new opportunities in working with the U.S. government. Initially Intel Federal will focus on the High Performance Computing segment, including work on exascale computing with the U.S. Department of Energy and other agencies. In time, the subsidiary will be open to working with all branches of the government.
“Reaching supercomputer performance levels of a hundred times more powerful than today by 2018 will require the combined efforts of both industry and government. An ExaFlop supercomputer’s performance is the equivalent of every person on Earth making about 150 million calculations per second. We look forward to collaborating more closely with the U.S. government on future supercomputing challenges,” said Kirk Skaugen vice president and general manager of Intel’s Datacenter and Connected Systems Group. “The creation of Intel Federal demonstrates the strategic importance of these programs and will give us the ability to establish and maintain the unique processes, procedures and controls needed to develop and manage programs with the government.”
Intel also announced that Dave Patterson has been appointed as president of Intel Federal LLC. Patterson brings an extensive array of experience to this role, most recently as president and CEO of Optelecom-NKF Inc., and prior to that as president and CEO of Siemens Government Services Inc. (SGS). Patterson will report directly to Skaugen.
Initially Intel Federal will have offices in Oregon, California and the Washington, D.C. area. Over time Intel Federal will expand its focus to a wide variety of other programs within the government.
About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.
Intel and the Intel logo are trademarks of Intel Corporation in the United States and other countries.
* Other names and brands may be claimed as the property of others
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