INTEL CORPORATION (NASDAQ:INTC) Files An 8-K Regulation FD Disclosure
Item7.01
| Regulation FD Disclosure |
As previously disclosed, on September7, 2016, Intel Corporation
(Intel) and TPG announced that they had entered into a definitive
agreement to establish a jointly-owned, standalone cybersecurity
company to be called McAfee following the transaction close. On
April4, 2017, McAfee issued a press release announcing the
closing of the transaction, a copy of which is furnished hereto
as Exhibit 99.1.
The information is this report shall not be treated as filed for
purposes of the Securities Exchange Act of 1934, as amended.
Item9.01 Financial Statements and Exhibits
| (d) | Exhibits |
The following exhibit is furnished as part of this Report.
|
ExhibitNumber |
Description |
|
| 99.1 | Press Release of McAfee, dated April 4, 2017 |
Forward-Looking Statements
This document contains forward-looking statements related to the
proposed transaction between Intel and TPG, including statements
regarding the benefits and the timing of the transaction.
Forward-looking statements are predictions, projections and other
statements about future events that are based on current
expectations and assumptions and, as a result, are subject to
risks and uncertainties. Many factors could cause actual future
events to differ materially from the forward-looking statements
in this document, including the following, among others: changes
in consumer demand; Intels ability to successfully separate the
Intel Security business and factors affecting McAfees ability to
operate as a standalone business; the realization of the
projected benefits of the proposed transaction; the retention of
suppliers, customers and key employees; McAfees ability to
service and satisfy debt obligations assumed in the transaction;
general economic conditions in the regions and industries in
which Intel and McAfee operate; the intensely competitive
industries in which Intel and McAfee operate; and litigation or
regulatory matters and other issues that could affect the closing
of the transaction.
In addition, please refer to the documents that Intel files with
the U.S. Securities and Exchange Commission on Forms 10-K, 10-Q
and 8-K. These filings identify and address other important risks
and uncertainties that could cause events and results to differ
materially from those contained in the forward-looking statements
set forth in this document. Readers are cautioned not to put
undue reliance on forward-looking statements, and Intel and TPG
assume no obligation and do not intend to update these
forward-looking statements, whether as a result of new
information, future events or otherwise.
About INTEL CORPORATION (NASDAQ:INTC)
Intel Corporation is engaged in the design and manufacture of digital technology platforms. The Company’s segments include Client Computing Group (CCG), Data Center Group (DCG), Internet of Things Group (IOTG), Software and Services (SSG) and All Other. CCG segment includes platforms designed for notebooks (including Ultrabook devices), 2 in 1 systems, desktops (including all-in-ones and personal computers (PCs)), tablets, phones, wireless and wired connectivity products, and mobile communication components. DCG segment includes server, network and storage platforms designed for the enterprise, cloud, communications infrastructure and technical computing segments. IOTG segment includes platforms designed for Internet of Things market segments, including retail, transportation, industrial, and buildings and home use. SSG segment includes Intel Security Group, and Software and Services group. All Other segment includes Non-Volatile Memory Solutions Group and the New Devices Group. INTEL CORPORATION (NASDAQ:INTC) Recent Trading Information
INTEL CORPORATION (NASDAQ:INTC) closed its last trading session up +0.09 at 36.16 with 32,013,641 shares trading hands.