Intel is shopping around its in-house venture-capital business,according to a Bloomberg report.
The move to sell part of Intel Capital, which comes two months after the retirement of the group’s president, is an abrupt change of plans at the world’s largest chip maker. Intel has been one of the most aggressive corporate investors in up-and-coming startups for the past 25 years.
The move could cause reverberations across the tech landscape that extend far beyond Intel.
It would be selling its investments in…
The sale of Intel’s VC unit may cause more markdowns in values of startups
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