Just 2 years later, Intel became a public company via an initial public offering (IPO), raising .8 million (.50 per share).
homophone for "more noise" – an ill-suited name for an electronics company, since noise in electronics is usually undesirable and typically associated with bad interference.
Considerable technological innovation was needed before the micro-processor could actually become the basis of what was first known as a "mini computer" and then known as a "personal computer".
By the end of the 1980s, buoyed by its fortuitous position as microprocessor supplier to IBM and IBM's competitors within the rapidly growing personal computer market, Intel embarked on a 10-year period of unprecedented growth as the primary (and most profitable) hardware supplier to the PC industry, part of the winning 'Wintel' combination. By launching its Intel Inside marketing campaign in 1991, Intel was able to associate brand loyalty with consumer selection, so that by the end of the 1990s, its line of Pentium processors had become a household name.
Moore's decision to sole-source Intel's 386 chip played into the company's continuing success.
The development of the micro-processor by Intel, (1971): The micro-processor represented a notable advance in the technology of integrated circuitry.
Intel supplies processors for computer system manufacturers such as Apple, Lenovo, HP, and Dell.
Intel became the biggest chip maker by revenue and has held the position ever since.
Arthur Rock (investor and venture capitalist) helped them find investors, while Max Palevsky was on the board from an early stage.
The total initial investment in Intel was .5 million convertible debentures and ,000 from Rock.
Instead, they founded the company as N M Electronics on July 18, 1968 but by the end of the month had changed the name to Intel which stood for Integrated Electronics.
At its founding, Intel was distinguished by its ability to make semiconductors.