Intel Hires Tom Lantzsch to Rejuvenate Internet of Things Business

Intel (NASDAQ: INTC) recently hired Tom Lantzsch, a 10-year veteran of Softbank's chip designer ARM Holdings, as its senior VP and general manager of its Internet of Things (IoT) business. The IoT unit previously included Intel's IoT chips for wearables, connected devices, and autonomous cars; however, Intel recently launched a dedicated ADG (Automated Driving Group) business unit for its autonomous car efforts, which will be led by former IoT chief Doug Davis. Read the full article here.