Intel Corporation’s Hungarian co-founder dies at 79

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Andrew S. Grove (Gróf András), the legendary co-founder and former CEO of Intel passed away yesterday at the age of 79, according to reports. He has been referred to by many as the man who transformed Intel Corp. into one of the most successful high-tech companies.

Andy Grove in 2003 with a 1978 photo of himself, Intel co-founders Robert Noyce and Gordon Moore. (Photo: Wikimedia Commons/Intel Free Press)

Intel CEO Brian Krzanich tweeted: “We stand on the shoulders of giants in our work – none bigger than Andy Grove (1936-2016). Youʼll be greatly missed.” 

Born in 1936 in Budapest, Hungary, Grove left the country for the United States following the 1956 Uprising, where he pursued a degree in chemical engineering. In 1968, he founded Intel Corporation with two of his companions, and the company went on to become one of the worldʼs largest manufacturers of semiconductors, Hungarian online daily index.hu reported.

Grove acted as president of Intel for over two decades, before becoming the CEO until 2015 when he took over as Chairman of the Board. He remained with the company, albeit merely acting as a senior consultant, according to reports.

His death has had a major impact on the world of technology and leaders have praised this Silicon Valley legend. Among many others, Apple CEO Tim Cook tweeted “Andy Grove was one of the giants of the technology world. He loved our country and epitomized America at its best. Rest in peace.” Microsoftʼs Satya Nadella tweeted “Saddened by the passing of Andy Grove… a pioneer, a leader and a great teacher.”

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