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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Intel Corporation | NASDAQ:INTC | NASDAQ | Common Stock |
Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.15 | 0.49% | 30.66 | 30.65 | 30.67 | 114,116 | 12:18:33 |
By Josh Beckerman
Intel Corp. (INTC) has acquired NetSpeed Systems Inc., a system-on-chip technology company that had received financing from Intel's venture arm.
Intel said Monday that NetSpeed co-founder and Chief Executive Sundari Mitra will lead the NetSpeed team as an Intel vice president.
San Jose-based NetSpeed closed a $10 million Series C round in 2016 led by Intel Capital with participation from SK Hynix Inc. (000660.SE) and Walden-Riverwood Ventures.
Terms of the acquisition weren't disclosed.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 10, 2018 16:18 ET (20:18 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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