Intel Capital to Become Standalone Investment Fund :: Intel Corporation (INTC)

Intel will remain an investor in the new fund, which will bring Intel Capital’s corporate structure into alignment with other leading venture firms.

SANTA CLARA, Calif.--(BUSINESS WIRE)-- Intel Corporation (“Intel”) today announced its intention to separate Intel Capital, its global venture capital arm, into a standalone fund. The new fund will bring Intel Capital’s corporate structure into alignment with other leading venture firms, enabling greater autonomy and the flexibility to attract external capital. Intel will remain an anchor investor in the new company.

Intel Corporation plans to separate Intel Capital, its global venture capital arm, into a standalone fund -- a move that would bring Intel Capital’s corporate structure into alignment with other leading venture firms. (Credit: Intel Corporation)

“The separation of Intel Capital 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, interim co-chief executive officer and chief financial officer of Intel. “This step supports our broader strategy to maximize the value of our assets while driving greater focus and efficiency across the business.”

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