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Intel spins off its corporate venture arm, Intel Capital
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 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."
1h
Valve Interview Reveals The Future Of SteamOS On Intel And Nvidia PCs
There is very hopeful news on the horizon, however. A recent interview between French outlet Frandroid and Valve designer ...
4h
Intel sells off further parts of the company
The spin-off of FPGA specialist Altera has now been completed, according to its own X article. According to rumors, a sale to ...
22m
Intel shed 3,000 Oregon jobs last year through layoffs, buyouts and attrition
Intel says it ultimately eliminated 16,500 jobs across the company through last year’s restructuring – 1,500 more jobs than it forecast. Intel reduced its global workforce by about 15%, which means it ...
2h
Intel Could Dominate GPU Space With The Right Plan
Intel faces challenges but finds success in the low-end GPU market. See why INTC stock may improve with the right vision and ...
6d
New Fab Process Can Boost Intel Stock
Binary code displayed on a laptop screen and Intel logo displayed on a phone screen are seen in this ... [+] illustration ...
1d
on MSN
Intel’s Core Ultra 200 gaming performance could rise 25% after patch
Intel said that the performance improvements between an unpatched Arrow Lake system and the latest updates could be ...
7h
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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Venture Capital
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Sailesh Kottapalli
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