Intel selling Colorado Springs operation

COLORADO SPRINGS – Intel Corp. (Nasdaq: INTC) is leaving Colorado Springs and is trying to find a buyer for not only the building, but also the 1,000 employees who work there.

In its report on fourth-quarter and year-end earnings, Santa Clara, Calif.-based Intel announced its plans to sell its fabrication facility in Colorado Springs, which it opened in 2001.

The site was largely responsible for the production of chips in the communications and applications processor business, which was sold to Marvell Technology Group Ltd. in November for about $600 million.

Intel will look for a buyer to purchase the Colorado Springs facility and…