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To: Jim McMannis who wrote (166630)6/19/2002 4:43:40 PM
From: The Duke of URLĀ©  Read Replies (1) | Respond to of 186894
 
Intel targets Wall Street back offices

By Larry Dignan
Staff Writer, CNET News.com
June 19, 2002, 9:30 AM PT

Intel is stepping up its efforts to put its architecture into back office operations on Wall Street.
Intel said Wednesday that it will broaden an alliance with Reuters to optimize the market data provider's products and platforms using the chipmaker's processors.

The deal is notable because it may serve as a Trojan horse in an effort to dethrone Sun Microsystems in the financial services industry. Sun, with its RISC (reduced instruction set computer) chips and own brand of Unix, has long dominated the financial services sector, which spends roughly $26 billion on information technology a yea...

msnbc-cnet.com.com