CALIFORNIA | LOCAL
March 2, 1999 |
Intel Corp. has exercised its warrant to buy additional shares of Xircom Inc. common stock under a February 1997 agreement that was part of Intel's initial investment in the Thousand Oaks company. Under terms of the agreement, Intel elected to receive 514,314 shares at no additional cost in lieu of purchasing 1.5 million shares at an exercise price of $27.01. Xircom then repurchased all 514,314 shares of stock for $19.8 million, or $38.45 per share. Intel owns about 2.
June 7, 1993 |
In a decision that could have severe financial implications for chip maker Advanced Micro Devices, a state appeals court has overturned an arbitrator's award that gave AMD the technology rights to archrival Intel Corp.'s 386 microprocessor. The unexpected reversal will have no immediate impact, but it opens the way for Intel to proceed with a copyright-infringement claim against AMD over AMD's use of Intel software, known as microcode, in its clones of Intel 386 chips.
April 27, 1993 |
It's hard to have a better year than Intel Corp. had in 1992. Not only did the Santa Clara chip maker post record profit and revenue while claiming the title of world's largest semiconductor company, it also finally gained recognition for a longstanding reality: Intel is the most important company in the computer hardware industry. It is Wall Street's belated understanding of this fact that accounts for Intel's lightning leap up The Times' ranking of California's most valuable companies.
CALIFORNIA | LOCAL
December 10, 2001 |
One month after pledging $600 million to Caltech, billionaire Intel Corp. co-founder Gordon Moore has promised $261 million to a Washington-based conservation group. Conservation International will use the funds in its efforts to identify and protect concentrations of biodiversity around the globe. It is the largest gift ever to a private environmental group.
November 7, 1996 |
Intel Corp. said it expects fourth-quarter sales and gross margin to beat third-quarter levels on increased new orders and strong holiday personal computer sales. Sales will be "significantly" higher than the $5.14 billion in the third quarter, while gross margin will be wider than the quarter's 57%, Intel said. Intel is expected to report fourth-quarter earnings of $1.61 a share based on the average estimate of 29 analysts surveyed by IBES International Inc.
May 5, 2012 |
Google Inc., with its free meals, high monthly pay and relaxed work environment, was rated by interns as the best place to work in a report released just ahead of the peak summer internship season. A software engineering intern at the search engine giant can expect an average monthly pay of $6,463, according to career website Glassdoor. Google interns, who voted the company as the most satisfying place to work, also reported additional perks such as face time with managers and opportunities to sit in on meetings.