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Intel spins off its corporate venture arm, Intel Capital
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 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 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 Is Offloading Venture Capital Unit as It Plays Catch-Up With Chip Rivals
While Intel led the chips sector for decades, it’s been on a rough road since the boom in technology spending during the Covid-19 pandemic. The stock is down almost 60% over the
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 to spin off venture capital arm as chipmaker continues to restructure
Intel said on Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm
Intel to Separate Venture Capital Arm Into Standlone 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 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
Intel will spin off and rename its investment arm
Intel said Tuesday that it will turn its in-house investment fund into a separate organization with a new name, the latest in a series of steps to cut spending as the company seeks to overhaul its business.
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Intel to Turn Venture Arm Into Separate Business With New Name
Intel Corp., the once-dominant chipmaker struggling to revive its business and finances, plans to turn its venture capital ...
globes.co.il
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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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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 ...
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