Intel Corp. (NASDAQ: INTC) has formed a wholly-owned subsidiary called Intel Federal LLC to pursue new business opportunities with the U.S. government.
The company appointed Dave Patterson, former president and CEO of Siemens Government Services (NYSE: SI), as Intel Federal’s president.
Patterson most recently was president and CEO of fiber optic and IP firm Optelecom-NKF.
Intel Federal will focus on high performance computing initiatives, including work on exascale computing with the U.S. Energy Deparment, as it works to substantially increase supercomputer performance levels.
It will establish offices in the Washington, D.C. metropolitan area and on the west coast of the U.S.
“We look forward to collaborating more closely with the U.S. government on future supercomputing challenges, ” said Kirk Skaugen, vice president and general manager of Intel’s datacenter and connected systems group. “The creation of Intel Federal demonstrates the strategic importance of these programs and will give us the ability to establish and maintain the unique processes, procedures and controls needed to develop and manage programs with the government.”
