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Intel drops plans to sell networking and communication division — says keeping NEX in-house will strengthen integration and customer offerings

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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, reports Reuters. 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.

“Keeping NEX in-house enables tighter integration between silicon, software and systems, strengthening…

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