Intel continues to divest non-core areas of its business. Jabil announced that it will acquire Intel’s silicon photonics business: the company will purchase a series of optical receivers and will continue to develop in this area in the future. The amount of the agreement was not disclosed.
This acquisition will strengthen Jabil’s position in the data center communications market and allow it to compete with other players in various segments, including data centers for artificial intelligence systems, as well as systems for hyperscalers, the largest cloud providers. At the same time, Intel does not plan to completely abandon its own solutions in the field of advanced input-output technologies.
“In Q3, we decided to divest the pluggable module segment of our silicon photonics business, which will allow us to focus on developing higher value components and optical I/O solutions to enable scaling of AI infrastructure. This is the tenth business we have exited in the last 2.5 years.” It saves us $1.8 billion annually and is a testament to our efforts to optimize the portfolio and create long-term value,” the CEO said in the quarterly report. Intel Pat Gelsinger (Pat Gelsinger).
Under Mr. Gelsinger’s leadership, Intel has been distancing itself from non-core business areas in recent years: This has also affected the production of 3D NAND memory and solid-state drives, Optane memory, production of laptop modems, Barefoot communications products. as servers and NUC computers. These decisions are being made as part of the company’s strategy to focus on its core business of manufacturing processors and other chips and increase profitability.
The new owner of the business promises to simplify aspects related to optical network solutions: Jabil plans to offer comprehensive services for the design of components and assembly of systems, as well as ensuring the effective management of supply chains; This will help the company expand its market. products.