Intel Capital to Become Standalone Investment Fund
Intel has announced plans to separate Intel Capital, its global venture capital arm, into a standalone fund. The transition is expected to begin in the second half of 2025, with Intel remaining as an anchor investor. The restructuring aims to align Intel Capital's corporate structure with other leading venture firms and enable greater autonomy and flexibility to attract external capital.
Intel Capital, established in 1991, has over $5 billion in assets under management and has invested in more than 1,800 companies, deploying over $20 billion in capital throughout its history. The firm has generated over $170 billion in market value in the past decade through investments in early-stage startups focusing on silicon, frontier, devices, and cloud technologies. The existing Intel Capital team will transfer to the new company, which will operate under a new name, with business operations continuing normally during the transition.
Intel ha annunciato piani per separare Intel Capital, il suo braccio di venture capital globale, in un fondo autonomo. La transizione dovrebbe iniziare nella seconda metà del 2025, con Intel che rimarrà un investitore chiave. La ristrutturazione mira ad allineare la struttura aziendale di Intel Capital con altre importanti aziende di venture e a consentire maggiore autonomia e flessibilità per attrarre capitali esterni.
Intel Capital, fondata nel 1991, gestisce oltre 5 miliardi di dollari in asset e ha investito in più di 1.800 aziende, distribuendo oltre 20 miliardi di dollari di capitale nel corso della sua storia. L’azienda ha generato oltre 170 miliardi di dollari di valore di mercato nell'ultima decade attraverso investimenti in startup in fase iniziale focalizzate su silicio, frontiera, dispositivi e tecnologie cloud. Il team esistente di Intel Capital si trasferirà nella nuova società, che opererà sotto un nuovo nome, con le operazioni commerciali che continueranno normalmente durante la transizione.
Intel ha anunciado planes para separar Intel Capital, su brazo global de capital de riesgo, en un fondo independiente. Se espera que la transición comience en la segunda mitad de 2025, con Intel permaneciendo como un inversor clave. La reestructuración tiene como objetivo alinear la estructura corporativa de Intel Capital con otras firmas de capital de riesgo líderes y permitir una mayor autonomía y flexibilidad para atraer capital externo.
Intel Capital, establecida en 1991, tiene más de 5 mil millones de dólares en activos bajo gestión y ha invertido en más de 1,800 empresas, desplegando más de 20 mil millones de dólares en capital a lo largo de su historia. La firma ha generado más de 170 mil millones de dólares en valor de mercado en la última década a través de inversiones en startups en etapas tempranas enfocadas en silicio, frontera, dispositivos y tecnologías de la nube. El equipo existente de Intel Capital se trasladará a la nueva empresa, que operará bajo un nuevo nombre, con las operaciones comerciales continuando normalmente durante la transición.
인텔은 전 세계 벤처 캐피털 부문인 인텔 캐피탈을 독립된 펀드로 분리하겠다고 발표했습니다. 이 전환은 2025년 하반기 시작될 것으로 예상되며, 인텔은 주요 투자자로 남을 것입니다. 이러한 재편성은 인텔 캐피탈의 기업 구조를 다른 주요 벤처 회사들과 맞추고 외부 자본 유치를 위한 더 큰 자율성과 유연성을 제공하는 것을 목표로 합니다.
1991년에 설립된 인텔 캐피탈은 50억 달러 이상의 자산을 관리하고 있으며, 1,800개 이상의 회사에 투자하여 역사적으로 200억 달러 이상의 자본을 배포했습니다. 이 회사는 지난 10년 동안 실리콘, 신기술, 장치 및 클라우드 기술에 중점을 둔 초기 단계 스타트업에 대한 투자로 1,700억 달러 이상의 시장 가치를 창출했습니다. 기존 인텔 캐피탈 팀은 새로운 이름으로 운영될 새로운 회사로 이전되며, 전환 과정에서 비즈니스 운영은 정상적으로 계속됩니다.
Intel a annoncé des plans pour séparer Intel Capital, son bras mondial de capital-risque, en un fonds autonome. La transition devrait commencer dans la seconde moitié de 2025, Intel restant un investisseur principal. La restructuration vise à aligner la structure d’Intel Capital avec d’autres entreprises de capital-risque leaders et à permettre une plus grande autonomie et flexibilité pour attirer des capitaux externes.
Créé en 1991, Intel Capital gère plus de 5 milliards de dollars d'actifs et a investi dans plus de 1 800 entreprises, déployant plus de 20 milliards de dollars de capital tout au long de son histoire. L’entreprise a généré plus de 170 milliards de dollars de valeur marchande au cours de la dernière décennie grâce à des investissements dans des startups en phase initiale se concentrant sur le silicium, les nouvelles technologies, les dispositifs et les technologies cloud. L'équipe actuelle d'Intel Capital sera transférée à la nouvelle société, qui fonctionnera sous un nouveau nom, les opérations commerciales se poursuivant normalement pendant la transition.
Intel hat Pläne angekündigt, Intel Capital, seine globale Risikokapitalgesellschaft, in einen eigenständigen Fonds zu trennen. Der Übergang wird voraussichtlich in der zweiten Hälfte des Jahres 2025 beginnen, wobei Intel als Hauptinvestor bleibt. Die Umstrukturierung zielt darauf ab, die Unternehmensstruktur von Intel Capital an andere führende Wagniskapitalgesellschaften anzupassen und eine größere Autonomie und Flexibilität zu ermöglichen, um externes Kapital anzuziehen.
Intel Capital, die 1991 gegründet wurde, verwaltet über 5 Milliarden Dollar an Vermögenswerten und hat in mehr als 1.800 Unternehmen investiert, indem sie im Laufe ihrer Geschichte über 20 Milliarden Dollar an Kapital bereitgestellt hat. Das Unternehmen hat in den letzten zehn Jahren über 170 Milliarden Dollar an Marktwert durch Investitionen in Frühphasen-Startups generiert, die sich auf Silizium, Grenztechnologien, Geräte und Cloud-Technologien konzentrieren. Das bestehende Intel-Capital-Team wird in das neue Unternehmen übertragen, das unter einem neuen Namen operiert, wobei die Geschäftstätigkeit während der Übergangszeit normal fortgesetzt wird.
- Intel maintains investment position while gaining potential for external capital inflow
- Intel Capital manages significant $5 billion in assets
- Proven track record with $170 billion in market value creation over past decade
- Portfolio includes investments in 1,800+ companies with $20 billion deployed
- Potential reduction in Intel's direct control over venture investments
- Transition period could create operational uncertainties until 2H 2025
Insights
Intel's decision to spin off Intel Capital into a standalone fund represents a strategic financial restructuring with significant implications. The move will unlock $5 billion in assets under management while maintaining Intel's strategic investment capabilities through continued anchor investment. The separation addresses two key objectives: it enables Intel Capital to raise external funding, potentially expanding its investment capacity beyond the current $20 billion deployment history and it allows Intel to streamline its balance sheet and core operations.
The timing aligns with broader industry trends where corporate venture capital arms are seeking greater autonomy and external funding sources. This restructuring could accelerate Intel Capital's ability to compete with pure-play venture capital firms while potentially improving Intel's financial flexibility and operational efficiency. The $170 billion in market value creation over the past decade demonstrates the fund's strong track record, which should attract external investors.
This restructuring signals a sophisticated evolution in Intel's capital allocation strategy. The standalone structure creates a 'best of both worlds' scenario - Intel maintains strategic investment capabilities while reducing direct capital commitment. For investors, this represents improved capital efficiency and potential for higher returns on invested capital (ROIC). The move to align with traditional VC structures suggests preparation for external fundraising, which could significantly expand the fund's investment capacity beyond the current $5 billion AUM.
The historical performance metrics - over 1,800 company investments and $170 billion in market value creation - position the new entity attractively for institutional investors. This transformation could unlock additional shareholder value by creating a more focused Intel while maintaining exposure to strategic technology investments through the anchor position.
Intel will remain an investor in the new fund, which will bring Intel Capital’s corporate structure into alignment with other leading venture firms.
Intel Corporation plans to separate Intel Capital, its global venture capital arm, into a standalone fund -- a move that would bring Intel Capital’s corporate structure into alignment with other leading venture firms. (Credit: Intel Corporation)
“The separation of Intel Capital is 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,” said David Zinsner, interim co-chief executive officer and chief financial officer of Intel. “This step supports our broader strategy to maximize the value of our assets while driving greater focus and efficiency across the business.”
Intel Capital, established in 1991, is one of the world’s leading corporate venture investors with over
Standalone operations are expected to begin in the second half of 2025, at which time Intel Capital will operate under a new name. The existing Intel Capital team will move to the new company, and business operations will continue as normal throughout the transition.
Forward-Looking Statements
This press release contains forward-looking statements, including with respect to Intel’s intentions for its separation of Intel Capital into a standalone fund and the benefits thereof for Intel, that involve risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including as a result of changed circumstances for Intel or Intel Capital that cause Intel to change its intentions, the ability of Intel Capital to operate independently and attract external capital, and other risks and uncertainties described in Intel’s 2023 Form 10-K and other filings with the SEC. All information in this statement reflects management's intentions and expectations as of the date of this statement, unless an earlier date is specified. We do not undertake, and expressly disclaim any duty, to update such statements, whether as a result of new information, new developments, or otherwise, except to the extent that disclosure may be required by law.
About Intel
Intel (Nasdaq: INTC) is an industry leader, creating world-changing technology that enables global progress and enriches lives. Inspired by Moore’s Law, we continuously work to advance the design and manufacturing of semiconductors to help address our customers’ greatest challenges. By embedding intelligence in the cloud, network, edge and every kind of computing device, we unleash the potential of data to transform business and society for the better. To learn more about Intel’s innovations, go to newsroom.intel.com and intel.com.
About Intel Capital
Over three decades, Intel Capital has invested more than
© Intel Corporation. Intel, the Intel logo and other Intel marks are trademarks of Intel Corporation or its subsidiaries. Other names and brands may be claimed as the property of others.
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Addy Burr
Intel
1-503-696-0088
addy.burr@intel.com
Jennifer Ard
Intel Capital
1-503-613-2833
jennifer.ard@intel.com
Source: Intel Corporation
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