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Intel Is Offloading Venture Capital Unit
Intel Is Offloading Venture Capital Unit as It Plays Catch-Up With Chip Rivals
Intel, the chips maker that has fallen behind rivals AMD and Nvidia, is separating its venture capital arm into a stand-alone fund. It’s a small step, but shows the company is ready to shake things up under new management.
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 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 Plans To Spin Off $5 Billion Venture Capital Segment, Will Remain Anchor Investor
Intel announced plans to separate its VC arm into a standalone fund, giving it more autonomy and ability to attract external capital.
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.
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 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 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 franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership," said David Zinsner, Intel's interim co-chief executive officer and CFO.
Intel spins out investment arm Intel Capital
Intel has announced it will spin off its global venture capital arm Intel Capital into a standalone investment fund. The move is designed to bring the corporate structure of Intel Capital more in line with other venue capital firms, allowing the fund to raise money from external investors.
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 Capital to become standalone investment fund
Corporation announced its intention to separate Intel Capital, its global venture capital arm, into a standalone fund. The new
14h
on MSN
Here’s Intel’s latest turnaround move
Struggling chipmaker Intel is taking another step in its efforts to retool itself as it said it’s going to spin out its ...
SiliconRepublic
12h
Intel Capital announces separation from chipmaker parent
Intel Capital, the global venture capital arm of Intel, will separate from its parent company to become a standalone fund.
globes.co.il
13h
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 ...
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