Mergers and acquisitions
On June 27, 2006, the sale of Intel's [[XScale]] assets was announced. Intel agreed to sell the XScale processor business to [[Marvell Technology Group]] for an estimated $600 million and the assumption of unspecified liabilities. The move was intended to permit Intel to focus its resources on its core x86 and server businesses, and the [[Mergers and acquisitions|acquisition]] completed on November 9, 2006.