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Intel spins off its corporate venture arm, Intel Capital
Intel to Turn Venture Arm Into Separate Firm With New Name
Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital arm into a separate fund with a new name.
Intel to spin off venture capital arm as chipmaker tries to cut costs
Intel’s interim co-chief executive, David Zinsner, said spinning off its venture arm was a “win-win scenario as it provides the fund with access to new sources of capital to expand its franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership”.
Intel spins off its corporate venture arm, Intel Capital, into a standalone fund
Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an "anchor investor."
Intel to shed its venture capital arm in latest restructuring move
Intel Corp. said today that its venture capital arm Intel Capital is being spun off into an independent entity, the latest move in a series of structural changes it’s making as
Intel to be split in two, VC and investment arm named Intel Capital to be spun into a different company
This decision is part of a broader effort to streamline Intel’s operations, improve efficiency, and make the company more agile. While Intel will still be involved as an investor, this change will allow Intel Capital to grow on its own,
Intel to spin off venture capital arm
Intel Capital was set up 24 years ago. It has raised $5 billion and invested in over 1,800 early-stage companies in cloud computing, semiconductors, and end-user devices. The spin-off could cause shocks at portfolio companies, where Intel Capital is an anchor investor and has representatives on the companies’ boards of directors.
Intel will spin off and rename its investment arm
Intel Capital has $5 billion in assets and a portfolio of 170 companies. Intel says it will remain an "anchor investor."
Intel to Separate Venture Capital Arm Into Standalone Investment Fund
The chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management.
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Intel to Spin off Its Venture Capital Arm
Intel Capital's separation is a "win-win scenario as it provides the fund with access to new sources of capital to expand its ...
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Intel retires Alder Lake mobile CPUs, excluding HX-series — 12th Gen goes EOL starting April 25
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No mention of Bell’s Intel job in key ANU council meeting minutes
The minutes of a meeting to endorse Genevieve Bell as the next head of ANU appear to undermine the claim her role with Intel ...
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New Intel Arc benchmark implies the B580 wasn’t a one-off
Leaked benchmarks for the Intel Arc B570 show that the GPU might be just as good value as the B580.The Latest Tech News, ...
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