Intel shuts down Cambridge research hub
The University of Cambridge has confirmed that the world’s largest supplier of personal computer chips, Intel Corporation, is to close its Cambridge research centre as part of a sweeping global corporate restructure.Intel will not release detailed staff figures as a matter of policy, though it has said they are being offered redeployment and severance packages. Full closure is planned for early December.
Founded at the beginning of 2003, Intel Research Cambridge is the smallest of four labs in the Intel Research Network of University Labs and the only one outside the US.
Following an industry-university research model it was designed to enhance and accelerate the results of long-term research projects. So far the Cambridge lab is the only one of the four to close.
The idea was for researchers from Intel and Cambridge to pursue joint projects in an open and collaborative environment with a focus on the exploration of new networking, platform and development technologies to support innovation in distributed applications.
A spokesman for the University of Cambridge said: “We are sorry that the Intel Research Lab is to close, part of a company-wide structure and efficiency exercise that may result in a series of wider cuts by the firm. Researchers from the two organisations will continue to collaborate on joint projects.
“Our relationship with Intel has been and remains a highly successful one. The closure of the lab has been stimulated purely by Intel’s need to make cuts.
“While the closure of the Cambridge research lab is unfortunate, our researchers will continue to work with theirs to explore new networking, platform and development technologies to support innovation in distributed applications.”
The California-based company’s restructure is aimed at reducing costs and operating structures by over £1 billion by 2007 and by more than £1.5 billion by 2008 in September this year.
It intends to slash 10,500 of its global workforce by the middle of 2007. In addition to the savings from the workforce reduction, Intel expects savings in merchandising expenses, capital and materials.
An Intel spokesperson said: “The running costs at Cambridge were disproportionally high because of its size,” adding, “We are committed to long-term research and drive our technology and are committed to continue to do work at other facilities.”