The current management team will be offered positions with the new company. Intel also plans to offer transition services to existing LANDesk customers until the deal closes, which is expected to happen at the end of September. Intel, in Santa Clara, Calif., said during a conference call presenting its second-quarter earnings in July that it would be seeking certain "business divestments" that would help reduce its operating costs. Prior to that announcement, Intel exited its Web hosting business in June.