Not the first time. Intel got into mobile devices circa 2000-2001 or so. Then suddenly they abandoned this area.
I worked on a secure (authenticated, encrypted) port forwarding proxy for mobile devices at that time. Our company partnered with Intel to bring the software to their new mobile devices. We were quite far along, with working demos and all. Then one fine day, word came down from the higher levels in Intel that they are pulling out of that.
The Intel team we collaborated with were split up and sent in different ways within Intel and that was that.
It was bad for us because we put resources into it and were counting on some cash which never materialized, plus the dot com bust was in full downward swing.
I worked on a secure (authenticated, encrypted) port forwarding proxy for mobile devices at that time. Our company partnered with Intel to bring the software to their new mobile devices. We were quite far along, with working demos and all. Then one fine day, word came down from the higher levels in Intel that they are pulling out of that.
The Intel team we collaborated with were split up and sent in different ways within Intel and that was that.
It was bad for us because we put resources into it and were counting on some cash which never materialized, plus the dot com bust was in full downward swing.