BiiN was a company created out of a joint research project by Intel and Siemens to develop fault tolerant high-performance multi-processor computers build on custom microprocessor designs. BiiN was an outgrowth of the Intel iAPX 432 multiprocessor project, ancestor of iPSC and nCUBE.
The company was closed down in October 1989, and folded in April 1990, with no significant sales. The whole project was considered within Intel to have been so poorly managed that the company name was considered to be an acronym for Billions Invested In Nothing. However, several subset versions of the processor designed for the project were later offered commercially as versions of the Intel i960, which became popular as an embedded processor in the mid-1990s.