Wall Street Journal article for today was interesting.
I thought the following was meaningful.
"Intel is by far the biggest maker of microprocessor chips, but it has nowhere near that kind of dominance in the networking arena. And though its antitrust trial involving the Federal Trade Commission starts Tuesday, Mr. Barrett said he didn't expect any "regulatory roadblocks" to the acquisition, because the company faces aggressive competition from a wide array of companies, such as Broadcom Corp. and Lucent Technologies Inc.
Henry Nicholas, CEO of Broadcom in Irvine, Calif., said his company has been taking market share from Level One. He said Intel's acquisition of Level One will effectively remove Level One chips from the open market, largely because Intel competitors like 3Com don't want to buy chips from Intel.
"Overall, this validates the growth of the market," said Mr. Nicholas, who noted that networking chips account for about 40% of Broadcom's business."
|
