Intel's online orders reach $1 billion a month

Article Abstract:

The highlight of a recent meeting with Intel officials and Wall Street analysts was the news that the company's new Internet order taking has climbed to $1 billion per month since it began offering e-commerce in July. The figure represents almost half the company's total sales revenue, though the orders are coming from current customers, not new customers. Already the firm is committed to the service and feel it, along with other cost-cutting measures, will contribute to a much more profitable quarter at the end of the year than it has had in a couple of years.

Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Marketing procedures, Company Planning/Goals, New Electronic Marketing, Computer industry, Intel Corp., INTC, Marketing

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Identix to acquire Identicator in deal worth $40 million

Article Abstract:

Sunnyvale, Calif.-based Identix Inc. will acquire Identicator Inc. just 25 miles to its north for about $40 million. The two firms make devices for digital-fingerprinting, but for two different markets. Both firms claim to be gaining advantages by merging. Identix, with annual sales of $80 million, will take the privately held Identicator public by acquiring it. Randall Fowler, chairman, president and CEO of Identix will retain those duties. Oscar Pieper, president and CEO of Identicator, will be president of the Identicator unit of Identix.

Electronic computers, Electronic Computer Manufacturing, Asset sales & divestitures, Acquisitions & mergers, Computerized Security Sys, Computer software industry, Software industry, Mergers, acquisitions and divestments, Identix Inc., IDX, Security measures, Identicator Inc.

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