Intel continues to create independent companies from several of its divisions as part of its restructuring. A few days ago, after confirming that Altera already functions as a subsidiary as its own entity, it announced that the area dedicated to RealSense cameras will also become independent. And now he has announced that its venture capital investment arm, Intel Capital, is becoming an independent fund.
In this way, Intel Capital, which currently has approximately $5 billion in assets, will be able to receive capital from entities and organizations outside the company. Until now the division only had capital for investment from Intel.
Intel Capital’s staff will not experience changes, as it will continue working in the fund when it becomes independent, which will happen during the second half of this year 2025. The specific plans for the changes that will entail are still unknown. the decision, except that the name that the future company will have will be different from the current one.
Intel Capital was born in 1991, and was the first division dedicated to investment within a large multinational. Since then, many companies from all sectors in addition to technology have created their investment areas. Among them, of course, the main technology companies, such as Google, Microsoft or Salesforce.
Since its inception, Intel Capital has invested in approximately 1,800 companies, employing approximately $20 billion in capital. In addition, it has generated approximately $170 billion in market value in the last decade alone, thanks to investing in startups that are in their early stages of development in key areas for the future of computing, such as hardware, computing in the cloud and devices.
According to David Zinsner, Intel’s interim CoCEO, and its CFO«The separation of Intel Capital is a winning scenario, as it offers the fund access to new sources of capital to expand its business, while allowing the two companies to continue benefiting from a long-term and productive strategic agreement. This step supports our larger scale strategy to maximize the value of our assets, while achieving greater focus and efficiency in the business.«.
