Original URL: http://www.theregister.co.uk/2012/10/02/intel_capital_investments/

Intel spreads $40 million investment love to 10 companies

From Silicon Valley to Bollywood

By Rik Myslewski

Posted in Financial News, 2nd October 2012 22:43 GMT

Intel Capital has announced $40m worth of investment in 10 companies headquartered from Silicon Valley to Shanghai.

"The globe is our oyster," Intel Capital president Arvind Sodhani said in a webcast from his investment group's 13th annual Global Summit in Huntington Beach, California, where the announcements were made.

From Sodhani's point of view, Intel Capital has advantages over traditional investment funds in that it can be a "very patient investor," not swayed by the need to make high profits in short amounts of time – although he emphasized that "we expect very high rates of return from our investments." Eventually.

Since his group can be patient and focused on the long term, Sodhani said, "We are able to invest and help our companies be successful, and not be in a rush to get in, get out, which tends to be the case if you have the pressure of a fund – particularly if your fund is at the tail end of its fund, and there is a lot of pressure on fund managers to get an exit."

Of course, Intel Capital also has a strategic goal, as well: to get the world to buy more Intel chips. Although he gave a nod to promoting entrepreneurship and innovation, Sodhani made the bottom line clear. "Our overall goal," he said, "is to increase the utilization of microprocessors in the client, in the servers."

He explained that the 10 companies in Tuesday's announcement each support that strategic goal. They are, in alphabetical order:

Although Sodhani dodged questions about what parts of the world Intel Capital sees as the most dynamic geographies for investment, it's clear from the list that Silicon Valley is facing competition from the developing economies in the Far East, India, and Brazil.

Still, Sodhani emphasized that Intel Capital has a presence in a broad range of countries and economies, including the Czech Republic, Spain, Ghana, Poland, Russia, Turkey, and "obviously people in London."

Intel's investment arm has a physical presence in 26 countries making investments in over 50 countries – so if you're an innovative entrepreneur anywhere from Afghaninstan to Zimbabwe, drop Sodhani a note. If you can help sell Intel chips and provide "very high rates of return," we're sure he'll lend you an ear. ®