News spin-off | Silicon UK

Intel Interim CEOs Hint At Selling Foundry Business

After Pat Geslinger ousting, Intel's interim CEOs admit firm may be forced to sell Foundry business if new chip-making tech does not succeed

AI software developed at Intel is being spun off into independent firm Articul8 AI, with investment firm backing

Six years after it acquired LassPass for $110 million, LogMeIn says it will spin out the unit as a separate cloud security specialist

Cloud

The valuable 81 percent ownership stake in VMware held by Dell Technologies is to be spun off, generating a $12 billion shareholder dividend

No comment from HPE amid another report it is to sell its software division, including Autonomy

PayPal and eBay will separate later this year, but will remain joined at the hip for at least five years

Split to be completed mid-2015, with American Express executive Dan Schulman becoming PayPal President and CEO

Cloud

IBM sells its customer care business processing unit to Synnex, as it concentrates on higher value offerings

Cloud

BlackBerry reportedly considers spinning off its popular BBM Messenger into its own company

Creation of Gram unit apparently completes HP's long goodbye to WebOS

Cloud

HP's board are now reportedly considering keeping its PC unit, rather than spinning it off or selling it

Cloud

A Forrester analyst has called on HP to offload its low-margin networking hardware business

Against a dire financial backdrop, HP kills mobile unit, plots spinning-off its PCs and buys UK's Autonomy