Intel's Pentium line of processors has been around over a decade now. The Pentium processor was the high-end of Intel's line of processors for notebooks and desktops earlier in its life. Today the Pentium line is placed between the high-end Core series and the low-end Celeron parts. Intel, however, is aiming a new processor for its Pentium line at the server market.
 
The new processor is the Pentium 350 and is aimed at low-end servers. The dual-core Pentium 350 runs at 1.2GHz, features 3MB cache, and has a low power draw of 15W. The processor is a bare bones part with no integrated graphics. Intel is targeting the chip at microservers rather than high-end servers where performance is key. That market is served by other parts in the Xeon line. 
 
TechWorld reports that a new line of Xeon X3 servers are also supposed to come to market soon that are based on the Atom processors for micro servers. Analyst Dean McCarron for Mercury Research says that the Pentium 350 might also find its way into servers for specific tasks like printing or document sharing. 
 
He said, "What we're seeing is a repurposed part."
 
TechWorld seems to think that the part might be a sign that the Celeron line will be replaced by the Pentium name.