Biography Intel will sell its venture capital institutions, worth up to $ 1 billion

Updated: March 12, 2016  Views: 6


Blue Whale TMT Reuters, March 12, according to foreign media reports, Intel is planning to sell its venture capital firms Intel Capital, this part of the asset value of up to $ 1 billion.

It reported that sources, Intel is considering cooperation with UBS, looking for potential buyers of these assets currently for sale this matter is still in the early discussion stage, may be sold as a whole, according to the geographical location or department split be sold.

Statistics show, Intel Capital since its inception in 1991, the agency has invested about $ 11.6 billion related to the industry, including information security, wearable technology, digital media, and involve 57 countries 1440 companies. Get Top News, Latest News and Current News from Latest Current News: U.S., China, World, Entertainment, Health, Finance, Business, echnology, Travel, Politics, Sports.