Former Intel CEO Andy Grove Dies at 79

By Jeffrey Burt  |  Posted 2016-03-22 Print this article Print
Intel Grove

Over the years, Grove also gave his views of business. Most notably were his viewpoints on why some companies thrive while others die off. Most famous was his belief that "success breeds complacency. Complacency breeds failure. Only the paranoid survive." He also said that "bad companies are destroyed by crisis. Good companies survive them. Great companies are improved by them."

Regarding technology, he believed that innovation was inevitable, despite how the world viewed it.

"Technology happens," Grove said in 1997. "It's not good, it's not bad. Is steel good or bad?"

Almost a decade later, he said, "Technology will always win. You can delay technology by legal interference, but technology will flow around legal barriers."

Many in the tech industry reflected back on what Grove meant to them and to the world.

"Andy Grove was one of the giants of the technology world," Apple CEO Tim Cook said in a tweet. "He loved our country and epitomized America at its best."

Pat Gelsinger, a longtime Intel executive and now CEO of VMware, wrote: "Today the world has lost a great man in Andy Grove. A friend and mentor for many years. Forever thank you for all you have done for me."

Salesforce CEO Marc Benioff called Grove "a tremendous positive force on our industry & community."

Intel CEO Krzanich, who has been with the chip maker since 1982, talked about his former boss' legacy.

"We stand on the shoulders of giants in our work—none bigger than Andy Grove (1936-2016)," he wrote. "You'll be greatly missed."



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