Tech Five: Intel combining PC, mobile chip divisions

Chip maker Intel is planning a massive reorganization. Let's take a look at the technology stocks to watch Tuesday:

Intel. The company will merge its PC and mobile divisions by early next year, reports The Wall Street Journal. Kirk Skaugen, who leads Intel's PC business, will take charge of the combined unit. "The market continues to evolve rapidly, and we must change even faster to stay ahead," said Intel CEO Brian Krzanich in an email to employees, as reported by the Journal.

Nokia. The company's first device since spinning off its handset business to Microsoft is an Android tablet called the N1. According to The Verge, the device looks very similar to Apple's iPad, and will run Google's Android 5.0 operating system code-named Lollipop.

Electronic Arts. Barclays upgraded the video game publisher's stock to "overweight," citing the shift in new video game consoles, reports CNBC. On Tuesday, EA launches Dragon Age: Inquisition, a role-playing adventure that has received heaps of praise from critics.

IBM. Big Blue reached a seven year, $1.25 billion outsourcing contract with Lufthansa to help the airline manage its IT infrastructure. The arrangement takes affect on April 1, 2015.

Cisco. The networking giant unveiled a new collaboration app called Project Squared. The cloud-based system combines chat, audio, video, meetings with multiple parties and content sharing.

Follow Brett Molina on Twitter: @brettmolina23.