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Tuesday October 31, 2006

Intel Closing Cambridge Lab

As part of the company’s cost cutting measures, Intel will be closing its Cambridge research labs. Intel cited the fact that the facility was one of the smallest but most expensive to operate as reason for the closure. The company hasn’t released any official numbers on the amount of people that will be impacted by the closure.

The decision to close the Intel Research Cambridge Lab--the only university-affiliated laboratory that the chipmaker runs outside the U.S.--in December has been met with a mix of disappointment and resignation by members of the U.K. academic community.