Blackstone agrees to acquire a majority stake in NetBrain, valuing the Burlington, Massachusetts-based network operations and automation company at $750M (Ryan Gould/Bloomberg)

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— Intel on Thursday confirmed its plan to spin off its Network and Edge Group in a memo to customers and said it will seek outside investment for the business unit.

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Blackstone agrees to acquire a majority stake in NetBrain, valuing the Burlington, Massachusetts-based network operations and automation company at $750M (Ryan Gould/Bloomberg)

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