Intel owns 23% of the RSYS stock. Almost as much as the owners, Tecktronix. Lots of shareholders in companies in which Intel has a stake seem to find some sort of comfort from it.
Intel has so much free cash flow, it has to invest somewhere.
Intel invests in lots of Tech stocks, winners and losers.
Maybe adding fuel to the "Son of Intel" fire is because much of the company's management used to work for Intel.
I'm sure you know the general business overview,
but for those who don't:
Business Overview
"RadiSys Corporation manufactures embedded computer technology used in
manufacturing automation, telecommunications, medical devices, transportation, test and measurement, and retail automation equipment industries. The company's products include embedded computer solutions for semiconductor manufacturing equipment, cellular phone antenna systems, weather monitors, motion controllers, commercial avionics testers, fiber optic testers, security systems, and power
plant monitors. Its RadiSys principal customers include Allen-Bradley Company, Applied Materials, Ascom Autelca, FSI International, General Electric Company, and Hewlett-Packard."
Alex |
