Tag: intel

Intel appoints Christy Pambianchi as EVP & Chief People Officer

Intel Corporation announced the appointment of Christy Pambianchi as Executive Vice President and Chief People Officer, effective September 7. She will report directly to Pat Gelsinger, CEO, Intel Corporation. In her new role, Pambianchi will head the Human Resources organization with a mandate to attract, engage and retain the best talent as Intel strengthens execution…

Intel to Invest $3.5 Billion to Expand New Mexico Manufacturing Operations

Intel Corporation will invest $3.5 billion to equip its New Mexico operations for the manufacturing of advanced semiconductor packaging technologies, including Foveros, Intel’s 3D packaging technology, the company said in a statement. “The multiyear investment is expected to create at least 700 high-tech jobs and 1,000 construction jobs and support an additional 3,500 jobs in…

Randhir Thakur to head newly created foundry business for Intel

Intel has named India-born semiconductor industry veteran Randhir Thakur to lead its newly formed foundry business, according to ET report. The company has announced its plans to become a major provider of US and Europe-based foundry capacity ‘to serve the incredible global demand for semiconductor manufacturing’. “To deliver this vision, Intel is establishing a new…

Intel appoints Pat Gelsinger as New CEO

Intel has announced that its board of directors has appointed 40-year technology industry leader Pat Gelsinger as its new chief executive officer, effective Feb. 15, 2021. Gelsinger will also join the Intel board of directors upon assuming the role. He will succeed Bob Swan, who will remain CEO until Feb. 15. “My goal over the…

Wipro announces collaboration with Intel to drive business continuity

Wipro, a global information technology, consulting and business process services company, announced that it will join forces with Intel to enable Wipro’s LIVE Workspace, Wipro’s digital workspace solution with the Intel vPro platform.  According to Wipro’s press note, the joint collaboration will help customers drive business continuity by enabling remote IT support and solutions, as…

Former HP head Dion Weisler joins Intel’s board

Technology giant, Intel Corporation recently announced that it has elected former HP Inc CEO Dion J. Weisler to Intel’s Board of Directors. Weisler will serve as an Independent Director and Member of the Compensation and Finance Committees. The Santa Clara, Calif.-based company announced Weisler’s appointment Wednesday, nearly a year after the former HP chief executive…

Intel acquires Moovit for $900mn to accelerate Mobileye’s Mobility-as-a-Service Offering

Tech giant and chipmaker Intel Corporation recently announced it has acquired Israel-based Moovit, a mobility-as-a-service (MaaS) solutions company, for approximately $900mn. Moovit is known for its urban mobility application that offers travelers around the world the best multimodal trip planning by combining public transportation, bicycle and scooter services, ride-hailing, and car-sharing. The addition of Moovit…

PayTM Gurugram employee tests positive for coronavirus

Fintech unicorn PayTM recently announced that it has decided to shut all its 6 offices in Delhi-NCR for at least two days after one of its employees from Gurugram tested positive for COVID-19 (Coronavirus). PayTM has five offices in Noida and one in Gurugram, Haryana. In an official statement, the company informed that it asked…

Intel employee “potentially” exposed to COVID-19, under quarantine

Tech giant Intel recently confirmed that one of its employees based in Bengaluru has “potentially been exposed” to the novel coronavirus and is currently under quarantine. As the death toll due to the virus crossed the 3,000 mark, corporations around the globe have begun to take preventive measures to safeguard their employees’ health. The company…

Understanding Acqui-Hire: The emerging trend in talent ecosystem

In this ever-growing start-up ecosystem, the desire to have the best-performing talent in an organization has never been so strong. Particularly in the technological field, there is not enough talent to go around, so companies are changing the way they recruit. One such method made its way to the news recently after Intel “acqui-hired” a…