Intel to spin off its venture capital arm

Quick Summary:

Chipmaker Intel Corp said on Tuesday that it will separate its venture capital and investment arm, Intel Capital, into a standalone company, to focus on enhancing efficiency across the business.

The existing Intel Capital team will move to the new company.

Intel, which will remain an anchor investor, said the standalone operations are expected to begin in the second half of 2025 and will have a new name.

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Category: EconomyBusiness

Markets: Singapore

Topics: Company Mediacorp Companies Standalone File Experience 2025 Intel Continue Capital Security

Source Website Secure: Yes (HTTPS)

News Sentiment: Positive

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-15 @ 06:09:20 (7 hours ago)

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Article Length: 242 words

Reading Time: 2 minutes read

Sentences: 10 lines

Sentence Length: 25 words per sentence (average)

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Copyright Owner: © Channel News Asia

News ID: 25164247

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