Intel has an amazing track record with acquisitions -- almost none of them work out. Even the tiny fraction of actually good companies they acquired, the Intel culture is one of really toxic politics and it's very hard for acquired people to succeed.
I wish Pat well and I think he might be the only who could save the company if it's not already too late.
Sourced: worked with many ex-Intel people.
POSTSCRIPT: I have seen from the inside (not at Intel) how a politically motivated acquisition failed so utter spectacularly due to that same internal power struggle. I think there are some deeply flawed incentives in corporate America.