In 1997, Intel bought Digital Equipment’s semiconductor operations for $700 million.
The purchase of the semiconductor unit was part of an agreement between the two companies. Some other aspects of the agreement were a 10-year patent cross license agreement and Digital developing a full line of systems based on Intel’s IA-64 processor.
Learn more at http://infopad.eecs.berkeley.edu/CIC/otherpr/intel_dec.html.
