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To: Black-Scholes who wrote (42911)	7/15/1999 12:08:00 PM
From: BillyG	Respond to of 50808

Intel forms group to focus on Net, networking news.com By Bloomberg News Special to CNET News.com July 15, 1999, 7:40 a.m. PT Intel said it created a new business unit and shuffled some divisions around to try to hone its focus on networking and Internet opportunities. Intel formed the Communications Products Group to focus on networking and communications systems, including the business of Dialogic, which Intel acquired Tuesday. Vice president John Miner will head the new group and will report to chief executive Craig Barrett. Intel has spent the past two years shifting from its traditional reliance on microprocessors to encompass more products that help personal computers talk to each other or send data around the world quickly. Intel has made several acquisitions and unveiled new ventures--such as server farms to help companies set up Web sites--to expand its business as PC sales growth slows and prices plummet. Intel said the Network Communications Group will continue to be headed by Mark Christensen, but it will now focus on component-level networking products like chips and the Level One Communications business.