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EU fine drops Intel's quarterly net income US$2 billion

Agam Shah | July 15, 2009
But the results overall 'reflect improving conditions in the PC market,' CEO Otellini says

Intel took steps in the quarter to bolster its position in the mobile space, agreeing to acquire software firm Wind River for $884 million and striking a development agreement with Nokia.

Intel is finalizing the acquisition of Wind River, which offers operating systems and programming tools for embedded products. Combining Intel's silicon expertise with Wind River's software will allow Intel to move faster into the handset and embedded markets, Otellini said.

 

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