Feeds

Intel most active IT investor

Flash the cash

  • alert
  • submit to reddit

Remote control for virtualized desktops

Need money? Call Intel! Intel Capital, the chip manufacturer's investing arm, was the most active investor in IT companies in the US in 2002, according to VentureWire.

Intel invested over US $200 million in more than 100 companies worldwide. "This year it will be even more," Claude Leglise, vice president of Intel Capital, told reporters at the Intel Developer Forum in San Jose last week.

Intel Capital invests in several market segments, such as networking and wireless technologies, nanotechnology and biomaterials that could be used for digital storage.

"We're basically interested in technologies that complement and help drive demand for Intel products," Leglise explained. "Do you need a GHz laptop if you already have a 2GHz notebook? Probably not, but technologies that don't draw the batteries down are something most people definitely want."

Some investments are what Leglise calls gap fillers: companies that develop technology that "Intel doesn't do well...We prefer investing to partnering when it comes to entering new business areas," he explains. "Sure, like Intel, Sony and Philips are working on Home Networking, but those companies are unusually not very quick in responding to market opportunities."

Intel has two specialised funds to provide investment focus, including the $500m Intel Communications Fund (which concentrates on accelerating Intel voice and data communications initiatives), and the Intel 64 Fund, which relates to Intel's Itanium processor family.

Intel Capital typically takes small minority stakes in start ups - generally less than $10 million each. If an investment furthers the larger strategic goal of advancing computing platforms, then it is also likely to be financially successful, Leglise argues. The portfolio is valued at approximately US $798m and has contributed billions in cash to Intel in its 10 years history.

More recently, Intel Capital has developed an interest in companies which help accelerate the adoption of technology in emerging markets. Those investments have increased from less that 5 per cent of Intel's deals in 1998 to about 40 per cent last year. Asia Pacific (including Japan) is the most important area to invest, followed by Europe and Israel and Latin America. ®

Security for virtualized datacentres

More from The Register

next story
Facebook pays INFINITELY MORE UK corp tax than in 2012
Thanks for the £3k, Zuck. Doh! you're IN CREDIT. Guess not
Big Content outs piracy hotbeds: São Paulo, Beijing ... TORONTO?
MPAA calls Canadians a bunch of bootlegging movie thieves
Google Glassholes are UNDATEABLE – HP exec
You need an emotional connection, says touchy-feely MD... We can do that
Just don't blame Bono! Apple iTunes music sales PLUMMET
Cupertino revenue hit by cheapo downloads, says report
US court SHUTS DOWN 'scammers posing as Microsoft, Facebook support staff'
Netizens allegedly duped into paying for bogus tech advice
Feds seek potential 'second Snowden' gov doc leaker – report
Hang on, Ed wasn't here when we compiled THIS document
Verizon bankrolls tech news site, bans tech's biggest stories
No agenda here. Just don't ever mention Net neutrality or spying, ok?
prev story

Whitepapers

Why cloud backup?
Combining the latest advancements in disk-based backup with secure, integrated, cloud technologies offer organizations fast and assured recovery of their critical enterprise data.
Forging a new future with identity relationship management
Learn about ForgeRock's next generation IRM platform and how it is designed to empower CEOS's and enterprises to engage with consumers.
High Performance for All
While HPC is not new, it has traditionally been seen as a specialist area – is it now geared up to meet more mainstream requirements?
New hybrid storage solutions
Tackling data challenges through emerging hybrid storage solutions that enable optimum database performance whilst managing costs and increasingly large data stores.
Getting ahead of the compliance curve
Learn about new services that make it easy to discover and manage certificates across the enterprise and how to get ahead of the compliance curve.