Intel Corporation

 

Former Intel CEO and Chairman Andrew Grove dead at 79


PUBLISHED Mon, March 21, 2016 - 8:45pm EDT


Andrew S. Grove, who was once considered to be the most powerful man in the computer chip industry as the chief executive of Intel Corporation, has died. He was 79 years old. (more)





"We are deeply saddened by the passing of former Intel Chairman and CEO Andy Grove," Intel chief executive Brian Krzanich said in a statement on Monday. "Andy made the impossible happen, time and again, and inspired generations of technologists, entrepreneurs, and business leaders."

There was no immediate word on Grove's cause and place of death, but the businessman was first diagnosed with Parkinson's disease in 2000. Grove, whose net worth was estimated at about $400 million in 2008, had committed tens of millions to Parkinson's research over the past 15 years.

Born András Gróf in Budapest, Hungary, in 1936, Grove immigrated to the United States in 1956 after having survived Nazi occupation and Soviet repression. He went on to study in New York and California before being hired by Gordon Moore at Fairchild Semiconductor as a researcher.

When Robert Noyce and Gordon Moore left Fairchild Semiconductor to found Intel in 1968, Grove was their first hire and he went on to play a critical role in the decision to move the company's focus from memory chips to microprocessors. He also led the firm's transformation into a widely recognized consumer brand.

Under the leadership of Grove between 1978 and 1998, Intel produced the computer chips that helped usher in the PC era, including the 386 and Pentium. The company also increased its annual revenues from $1.9 billion to more than $26 billion.

Grove is survived by his wife Eva, their two daughters and eight grandchildren.





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