Intel hires former GlobalFoundries, IBM chip executive

By Stephen Nellis

(Reuters) – Intel Corp (O:) has hired Gary Patton, who was chief technology officer at semiconductor maker GlobalFoundries, according to an internal Intel memo seen by Reuters on Wednesday.

Patton previously spent more than a decade in the chip unit at International Business Machines Corp (N:).

Intel, which was known in Silicon Valley for promoting heavily from within, has lured several notable executives from competitors.

These include Jim Keller, who oversees the company’s computing chip architectures, and Raja M. Koduri, who is overseeing graphics chips. Both came from rival Advanced Micro Devices (O:). Intel also hired Chief Engineering Officer Murthy Renduchintala from Qualcomm Inc (O:).

Patton will join Intel as corporate vice president and general manager of design enablement. He will report to Mike Mayberry, Intel’s chief technology officer.

Patton is known in the industry for his ability to translate research and development into practice inside chip factories. Eight years of his decade at IBM was spent overseeing the company’s 1,600-person semiconductor research and development team, according to his LinkedIn (NYSE:) profile.

Intel spokesman Will Moss confirmed the authenticity of the memo but declined to comment beyond it. Patton declined to comment beyond Intel’s internal memo. A GlobalFoundries spokeswoman did not immediately return a request for comment.

Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. All CFDs (stocks, indexes, futures) and Forex prices are not provided by exchanges but rather by market makers, and so prices may not be accurate and may differ from the actual market price, meaning prices are indicative and not appropriate for trading purposes. Therefore Fusion Media doesn`t bear any responsibility for any trading losses you might incur as a result of using this data.

Fusion Media or anyone involved with Fusion Media will not accept any liability for loss or damage as a result of reliance on the information including data, quotes, charts and buy/sell signals contained within this website. Please be fully informed regarding the risks and costs associated with trading the financial markets, it is one of the riskiest investment forms possible.