Aquest Inc, Santa Clara, California, the company that was started by three former Intel employees a few weeks ago, (CI No 1,316), has been given $50,000 seed money by Intel to draw up a business plan that will eventually see the new company taking over responsibility for the development of 80860 RISC-based board and system level products. Intel, which is to retain overall control of chip development, says it will take a stake in the company once the business plan has been formulated, although it may be anything up to a year before the first Aquest product comes to market.
