Intel-PSG spinoff announcement
This is the company where I have spent my sweat in the last 20 years, up and down 😊 Let me see if I can unwrap Intel’s intention based on the recent announcement spinoff of the company.
- Intel intends to spinoff PSG operations into a standalone business which allows PSG to accelerate its growth to compete.
- PSG and Intel will remain strategically aligned, continuing PSG’s relationship with IFS after the spinoff following the IPO next year.
