Intel Plans Network, Edge Spin-Off Seeking External Investment

Intel is moving forward with plans to spin off its Network and Edge division, which develops chips for the telecommunications industry and generated $5.8 billion in revenue in 2024. The company will remain a major investor in the new standalone business while seeking outside funding from strategic investors. This decision follows a similar recent move to divest RealSense, Intel's stereoscopic imaging technology division, which was spun off earlier this month with $50 million in venture capital under the leadership of CEO Pat Gelsinger. Intel's Network and Edge division is currently led by Sachin Katti, who was appointed Chief Technology and Artificial Intelligence Officer in April 2025. Intel has confirmed the spin-off publicly and is actively engaging with potential external investors to finalize the transition. Further details and the timeline for the spinout have not yet been disclosed.