Intel to spin off venture capital arm as chipmaker continues to restructure

(CNBC) Intel said Tuesday that it plans to spin off Intel Capital, its venture capital wing, into an independent firm, the latest in a series of structural changes announced by the chipmaker. Turning Intel Capital, which has $5 billion in assets, into a standalone fund will allow it to raise money from outside investors.

To read this article:

This entry was posted in Syndicated. Bookmark the permalink.

Comments are closed.