SANTA CLARA – Intel Corporation (NASDAQ:) announced its intention to spin off its venture capital arm, Intel Capital, into an independent fund. This move is aimed at aligning the corporate structure of Intel Capital with that of other leading venture firms and will provide it with the flexibility to attract external capital. Intel will maintain its position as an anchor investor in the new entity.

The separation is part of Intel’s broader strategy to optimize asset value and improve business focus and efficiency. David Zinsner, interim co-CEO and CFO of Intel, remarked on the mutual benefits of the decision, highlighting the strategic partnership that will continue between Intel and the newly independent fund.

Since its inception in 1991, Intel Capital has grown to be a prominent corporate venture investor, managing assets worth over $5 billion. The firm has a notable track record, having invested in more than 1,800 companies and deployed upwards of $20 billion in capital. Their investments in early-stage startups have been particularly impactful in the computing industry, contributing to a market value of $170 billion over the past decade in areas such as silicon, devices, and cloud technology.

The transition to standalone operations is scheduled for the second half of 2025. During this period, the fund will adopt a new name and the current Intel Capital team will transition to the new company. Business operations are expected to proceed without interruption throughout the changeover.

This strategic move is based on a press release statement from Intel Corporation and reflects the company’s efforts to adapt to the evolving landscape of venture capital investment.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.


Source link

Best Brokers

Unmatched trading fees, generous bonuses, top notch Regulation Frame.

T&Cs Apply

Risk disclosure: All investments involve a degree of risk of some kind. Trading financial derivative products comes with a high risk of losing money rapidly due to leverage.

Top-Tier Regulations. Unmatched Spreads and Commissions. Trading View is available.

T&Cs Apply

Financial Spread Trades and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 84.7% of retail investor accounts lose money when trading CFDs with this provider.

Modern and Intuitive Interfaces, Solid Regulatory Frame, and excellent Trading Fees.

T&Cs Apply
Risk warning: Trading derivatives is highly speculative, carries an inherent risk of loss and is not suitable for all investors. Before trading, you are strongly advised to read and ensure that you understand the relevant risk disclosures and warnings.

Highly Regulated. Low Spreads and Commissions. Vast Account Options.

T&Cs Apply

Risk Warning: Trading derivatives carries significant risks. It is not suitable for all investors and if you are a professional client, you could lose substantially more than your initial investment.