From Tom's Hardware: Intel has decided to retain its networking and communications (NEX) unit rather than proceed with a sale after completing an internal evaluation of strategic options for the division. The move reverses earlier consideration of spinning out or selling the business, as the company believes it can extract more money selling actual products or platforms rather than as a business unit.
"After a thorough review of strategic options for NEX—including a potential standalone path—we determined the business is best positioned to succeed within Intel," an Intel spokesperson told Tom's Hardware in a statement. "Keeping NEX in-house enables tighter integration between silicon, software and systems, strengthening customer offerings across AI, data center, and edge. We remain focused on delivering for customers and creating long-term value."
Although NEX is certainly less known than Intel's CPUs for client or data center computers, as well as some other products that carry the five-letter badge, the unit is one of the crown jewels in Intel's portfolio.
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