Intel’s CEO Departure Opens Door to Fresh Deal Discussions

(Bloomberg) — The abrupt departure of Intel Corp. Chief Executive Officer Pat Gelsinger offers a fresh opportunity for the troubled company to consider potential deal options, including scenarios that he rejected during his time running the chipmaker.

The board has discussed a range of possibilities in recent months, such as private equity transactions and even a split of Intel’s factory and product-design businesses. But Gelsinger was opposed to breaking up the company, focusing instead on his plan to restore Intel’s technological edge and become a made-to-order manufacturer for outside clients.