Intel Capital

Intel Capital is a division of Intel Corporation, set up to manage corporate venture capital, global investment, mergers and acquisitions. Intel Capital makes equity investments in a range of technology startups and companies offering hardware, software, and services targeting artificial intelligence, autonomous technology, data center and cloud, 5G, next-generation compute, semiconductor manufacturing and other technologies.

Intel Capital
Founded1991 (1991)
Headquarters,
Area served
United States, China, Western Europe, Israel
ProductsVenture capital
Websitewww.intelcapital.com

History

Intel Capital was set up in 1991 by Les Vadasz, and Avram Miller.[1] It was originally called Corporate Business Development (CBD). At that time, Intel mainly invested in American companies, and in 1998 95% of investment was in the USA. Over time, investment in non-US companies increased, and by 2012 international investments accounted for about 57%. Intel Capital has invested more than US$12.5 billion in over 1,550 companies in 57 countries.[2][3] In that timeframe, over 200 portfolio companies have gone public on various exchanges around the world, and more than 325 were acquired or participated in a merger.

In 2014, Intel Capital has 26 offices, including in Belgium, Brazil,[4] China, India,[5] Germany, Ireland, Japan, Israel, Nigeria,[6] Poland,[7] Russia,[8] Singapore, South Korea, Taiwan, Turkey,[9] UK, USA

Investments

Intel Capital investments include Actions Semiconductor,[10] AlterGeo,[11] AppyStore,[12] AVG,[13] Bellrock Media,[14] Box,[15] Broadcom,[16] Cloudera,[17] CNET, Citrix Systems, Elpida Memory, Gaikai,[18] Gigya,[19] IndiaInfoline.com,[20] Inktomi, Insyde Software,[21] Integrant Technologies, July Systems,[22] Kingsoft,[23] LogMeIn, Mall.cz,[24] Marvell, Mellanox, Mirantis,[25] MongoDB,[26] MySQL,[27] NIIT, Ondot Systems, PCCW, Red Hat,[28] Rediff.com, Research in Motion (Blackberry),[29] Saffron Technology,[30] Sasken,[31] Smart Technologies,[32] Snapdeal, Sonda,[33] Sohu.com, Stratoscale,[34] TechFaith,[35] Trigence,[36] VMware and WebMD. In 2014 Intel Capital has made $62 Mn investment in 16 tech startups,[37] In September 2017, According to the reports, Intel Capital invested $1 billion into AI startups including Mighty AI, Data Robot, Lumiata and many more.[38] In 2020 Intel Capital invested in Jio Platforms.

References

  1. "Oral Histories - Oral History of Avram Miller | Computer History Museum". www.computerhistory.org. Retrieved 2015-08-28.
  2. "Intel Capital President on Growth of Tech". finance.yahoo.com. Retrieved 2019-05-09.
  3. "Intel Capital chief Arvind Sodhani: "We need more start-ups"". The Telegraph. March 12, 2011.
  4. "Intel Capital goes for the hat trick, invests in third Brazilian fashion startup this year". Venturebeat. August 13, 2012.
  5. "Intel Capital to invest in two Indian dotcom ventures". The Hindu. June 7, 2013.
  6. "Published On: Tue, Apr 30th, 2013 People | By Staff Writer Intel Capital boosts team with new director". IT News Africa. April 30, 2013.
  7. "Intel Capital stawia na Polskę". Ekonomia. September 17, 2012. Archived from the original on September 1, 2014.
  8. "Intel Capital Crosses into Russia". CNET. May 15, 2003.
  9. "Intel Capital Branches into Turkey". Financial News. June 7, 2012.
  10. "Intel Capital invests in Chinese Tech Firms". EE Times. 2006-06-26.
  11. "Unnamed Russian Banks Are Using AlterGeo's Location Data For Credit Ratings". TechCrunch. 2014-04-23.
  12. "Mauj Mobile to raise $30-50 million for appstore play". Hindu Business Line. 24 April 2016. Retrieved 9 December 2016.
  13. "AVG Technologies Prices IPO at $16/Share". PEHub (Reuters). February 2, 2012.
  14. "BellRock Media Sounds its Horn". Wireless Week. March 2, 2007.
  15. https://thenextweb.com/insider/2012/10/03/these-are-the-10-companies-in-which-intel-capital-is-investing-40m/
  16. Taulli, Tom (July 2, 2008). "The Lowdown on Strategic Investments". Bloomberg.
  17. https://www.reuters.com/article/2014/03/31/us-intel-cloudera-idUSBREA2U0ME20140331
  18. Leena, Rao (July 20, 2010). "Intel Capital Invests In Cloud-Based Game Streaming Service Gaikai". TechCrunch.
  19. Ha, Anthony November 4, 2014 Techcrunch. "Intel Capital Leads $35M Investment In Social Login Service Gigya"
  20. Lokeshwarri, S.K. (November 16, 2011). "Intel Capital homes in on three Indian start-ups for investment".
  21. Wauters, Robin (November 22, 2011). "Intel Capital Invests $10M In Customized Android Distributions, Firmware Maker Insyde". TechCrunch.
  22. Wauters, Robin (2012-02-16). "July Systems Raises $15M From Intel, Others". Retrieved 2016-09-23.
  23. "Kingsoft Gains USD72mn Venture Capital". TMC.Net. August 23, 2006.
  24. "Intel Capital leads EUR10m investment in Mall.cz". Private Equity Wire. September 17, 2009.
  25. https://www.mirantis.com/company/press-center/company-news/mirantis-announces-technology-investment-collaboration-intel-enterprise-openstack-acceleration/
  26. http://www.mongodb.com/press/10gen-announces-strategic-investment-intel-capital-and-red-hat
  27. "Intel, SAP among VCs investing $18.5M in MySQL". InfoWorld. February 13, 2006.
  28. Rohm, Wendy (November 15, 1999). "Inside the Red Hat IPO". Linux Magazine.
  29. "Venture Capital: Should Intel Stick to Its Day Job?". Bloomberg BusinessWeek. October 14, 2001.
  30. "Saffron pulls in $7M to process data like a super-speedy human". VentureBeat. March 20, 2014.
  31. "Intel Capital pumps in more money in Sasken, Tejas". Silicon India News. September 8, 2004.
  32. Saitto, Serena (December 9, 2009). "Smart Technologies Said to Hire Banks for IPO in 2010 (Update1)". Bloomberg.
  33. "Sonda Raises $215 Million". PEHub (Reuters). November 4, 2006.
  34. Ben Kepes (4 November 2014). "Stratoscale Raises $32M To Hyper-Converge Infrastructure". Forbes. Retrieved 3 January 2016.
  35. "Techfaith Wireless (CNTF): Designed for success?". Seeking Alpha. April 13, 2005.
  36. "Intel Capital、デジタル・スピーカー技術のTrigence Semiconductorに投資".
  37. "Intel Capital invests $62M in 16 tech startups". VentureBeat. November 5, 2014.
  38. Etherington, Darrell. "Intel Capital has invested over $1 billion in companies focused on AI". TechCrunch. Retrieved 2017-11-20.
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