Intel and HP Unveil Joint Research-and-Development Project

Intel Corp. and Hewlett-Packard Co. have announced a significant partnership, aiming to develop innovative products by the turn of the century. The collaboration promises to leverage the strengths of both companies, creating a unified computing infrastructure with "binary compatibility" to run current software on new systems. The joint project, subject to federal antitrust approval, aims to preserve customer investments, prepare corporate customers for the next century, and provide cost-effective solutions.

Key Takeaways:

• The joint research-and-development project between Intel and HP is focused on creating new products with "binary compatibility" to run current software on new systems.
• The partnership aims to preserve current customer investments, prepare corporate customers for the next century, and provide high-volume cost models.
• Intel's microprocessors are currently installed in approximately 150 million computers.
• Richard W. Sevcik, a Hewlett-Packard general manager, emphasized that the project will provide a unified computing infrastructure to meet the needs of users in the next century.
• Albert Yu, Intel senior vice president, noted that HP's strength in advanced products, such as workstations and networking products, was a key attraction for the partnership.
• The project must be approved by federal antitrust regulators.
• The partnership will enable the creation of new products sharing the same fundamental technologies.

Statistics:

• Intel microprocessors are currently in about 150 million computers.
• The joint research-and-development project aims to provide a unified computing infrastructure with "binary compatibility" to run current software on new systems.
• The partnership will prepare corporate customers for the next century and provide high-volume cost models.

Sources:

• Intel Corp. and Hewlett-Packard Co. (June 8)