Intel Corp (INTC)

[jhalada]

alan,

I suspect in a similar arrangement to the way AMD owned spansion... however, there has been no announcement the new company will be brought public.

I suspect that the PE firm is doing this in order to prepare this new venture for IPO. Why else would Francisco Partners be involved? Road to profitable IPO (for FP) is much shorter that the road to profitability of the company.

BTW, does this company have a name yet?

Joe