Santa-Clara, California-based Intel Corp. has furthered its move into the e-commerce equipment market by purchasing privately-held IPivot for $500 million (US$) in cash. This acquisition is the third Internet commerce equipment purchase for the chip giant over the past three years.
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Intel Gobbles Up IPivot for $500 Million
Posted by: Rob Spiegel October 5, 1999 12:00 AMSanta-Clara, California-based Intel Corp. has furthered its move into the e-commerce equipment market by purchasing privately-held IPivot for $500 million (US$) in cash. This acquisition is the third Internet commerce equipment purchase for the chip giant over the past three years.