From 2017 WSJ:
When Intel Corp. agreed to buy a 17% stake in big-data software startup Cloudera Inc. three years ago, it purchased the stock for more than double the share price other investors had paid just two weeks earlier.
After Cloudera’s initial public offering on Friday, Intel’s $742 million investment is now underwater, valued at roughly $434 million.
Today:
Late Wednesday Cloudera said it had bought back all of the stake Intel took in the software company for $314 million, likely booking a substantial paper loss for the chip giant on its investment.
The fire sale of Intel's assets continue. Robert Noyce, Gordon Moore, Andy Grove, CRB, PSO, BK, BS, INTC blown away, what else do I have to say? We didn't start the fire ...