March 29, 2024 13:14 (IST)
Follow us:
facebook-white sharing button
twitter-white sharing button
instagram-white sharing button
youtube-white sharing button
PM Modi has mastered art of manipulating democracy, hurting Constitution: Mallikarjun Kharge | Mafia-turned-politician Mukhtar Ansari dies of cardiac arrest at 63 | NIA arrests key conspirator in Bengaluru cafe blast case | Actor Govinda returns to politics after 14 years of 'vanvas', joins Eknath Shinde camp | 'To browbeat and bully others is vintage Congress culture': PM posts after 600 lawyers write to CJI
Former Intel CEO Andrew S. Grove dies

Former Intel CEO Andrew S. Grove dies

India Blooms News Service | | 22 Mar 2016, 09:32 am
California, Mar 22 (IBNS) Multinational tech giant Intel on Monday announced that the company’s former CEO and Chairman Andrew S. Grove passed away.

He was 79.

Present at Intel’s 1968 founding with Robert Noyce and Gordon Moore, Andy Grove became Intel’s President in 1979 and CEO in 1987.

He served as Chairman of the Board from 1997 to 2005. Both during his time at Intel and in retirement, Grove was one of the most influential figures in technology and business, writing best-selling books and widely cited articles, and speaking out on an array of prominent public issues.

“We are deeply saddened by the passing of former Intel Chairman and CEO Andy Grove,” said Intel CEO Brian Krzanich. “Andy made the impossible happen, time and again, and inspired generations of technologists, entrepreneurs, and business leaders.”

Born András Gróf in Budapest, Hungary, Grove immigrated to the United States in 1956-7 having survived Nazi occupation and escaped Soviet repression. He studied chemical engineering at the City College of New York, completing his Ph.D at the University of California at Berkeley in 1963. After graduation, he was hired by Gordon Moore at Fairchild Semiconductor as a researcher and rose to assistant head of R&D under Moore. When Noyce and Moore left Fairchild to found Intel in 1968, Grove was their first hire.

Grove played a critical role in the decision to move Intel’s focus from memory chips to microprocessors and led the firm’s transformation into a widely recognized consumer brand.

Under his leadership, Intel produced the chips, including the 386 and Pentium, that helped usher in the PC era. The company also increased annual revenues from $1.9 billion to more than $26 billion.

Grove was both an astute engineer and a careful student of business management. His books High Output Management (1983) and Only the Paranoid Survive (1999) remain some of the most highly regarded management books.

“Andy approached corporate strategy and leadership in ways that continue to influence prominent thinkers and companies around the world,” said Intel Chairman Andy Bryant. “He combined the analytic approach of a scientist with an ability to engage others in honest and deep conversation, which sustained Intel’s success over a period that saw the rise of the personal computer, the Internet and Silicon Valley.”

Grove and his wife, Eva, were married for 58 years and had two daughters and eight grandchildren.

 

Image: WIkimedia Commons
 

Support Our Journalism

We cannot do without you.. your contribution supports unbiased journalism

IBNS is not driven by any ism- not wokeism, not racism, not skewed secularism, not hyper right-wing or left liberal ideals, nor by any hardline religious beliefs or hyper nationalism. We want to serve you good old objective news, as they are. We do not judge or preach. We let people decide for themselves. We only try to present factual and well-sourced news.

Support objective journalism for a small contribution.