November 1999
The Intel Octopus
Intel is pouring billions into smaller companies to gain access to markets, expertise and hot technologies. Is the computing giant sponsoring innovation or is it growing tentacles that will crush competition?
By G. Pascal Zachary
Remember the octopus? Nearly a century ago, novelist Frank Norris came up with that image to refer to big businesses that, through cross-ownership agreements, gained effective control of whole industries. But the term isn't just a musty reminder of the age of J.P.Morgan. It's highly relevant today, in the highest of high-tech sectors-computing.
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