Craig Barrett, The Chairman Of The Board Of Intel Corp Said Intel Still Open To Acquisitions Amid Slowdown
The acquisition will keep conducts by Intel despite the economic condition still sit on the recession, and still full with risks. Craig Barrett, the Chairman of the board of Intel Corp said that Intel still conducts their plan to acquisition and they will find some logic price in this condition.
Barrett, the Intel’s fourth president in May and retires on May ahead after work at Inrel for 35 years thought that healthcare should follow the lead of financial services companies, offering access to medical records any time or place around the globe.
When he presented in the interactive discussion at Inter-American Development Bank annual meeting, some journalists asked him about Intel decision, and Barrett said in the interview with some reporters that the market slowdown, which has been a pretty big hit on the stock market, has made acquisitions more affordable than less affordable to us.
He also said that there is huge opportunity going forward in the area of health care. Health care is one of the industries which has really not embraced information technology to a large degree.
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March 28th, 2009
Financial News