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July 18, 2012 06:58 pm GMT

Happy Birthday Intel: 10 Fascinating Facts About the Tech Pioneer


1. How Intel Got Its Name




Intel was founded in 1968 by two ex-Fairchild Semiconductor employees, Gordon E. Moore and Robert N. Noyce. The company was originally called "N M Electronics." Legend has it, their preferred name "Moore Noyce Electronics" sounded too similar to "more noise," not a great brand message in that industry. "Integrated Electronics" was considered as a possible name, but was taken, so the first syllables of each word were used instead. "Intel," described by Noyce as "sort of sexy," was eventually agreed upon. The pair then purchased the "Intel" trademark from the Intelco hotel chain for just $15,000.Image courtesy of Flickr, keitamiyoshi

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