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Intel to Separate Venture Capital Arm Into Standalone Investment Fund

Chip maker said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management

The current Intel Capital team will move to the new company, and business operations will continue as normal throughout the transition.
The current Intel Capital team will move to the new company, and business operations will continue as normal throughout the transition. Photo: nathan frandino/Reuters

Intel said it is planning to separate its global venture capital arm, Intel Capital, to turn it into a standalone investment fund.

The chip maker on Tuesday said it will remain an investor in Intel Capital, founded in 1991 with over $5 billion in assets under management. The separation is expected to enable greater autonomy and provide flexibility to attract external capital.

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