Intel Won't Spin Out Venture Arm, Intel Capital

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3 days ago

Summary

Intel has reversed its plan to spin off Intel Capital, its venture arm, which was announced earlier this year. The decision means that Intel Capital will continue to operate as a subsidiary of Intel, investing in companies that align with the company's interests and goals.

Key Points

Intel had initially planned to spin off Intel Capital into a standalone fund, but has since reversed its decision.

Why It Matters

The reversal of plans is significant because it means that Intel will continue to have control over its venture arm, allowing the company to focus on investments that align with its interests and goals.

Author

Rebecca Szkutak

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