Intel reflects the course, and chooses not to graduate from Intel Capital

The giant Intel will not come out of the connectors, its arm, Intel Capital, after all.

During an Intel profit call on Thursday, CEO of Intel Lip-Bu Tan said the company reflected its decision to rotate its arm in the 34-year-old project. Instead, INTEL CAPITAL will remain internal and continue to invest while taking into account the Intel interests.

“We have made a decision not to rotate Intel Capital, but to work with the team to achieve our current portfolio, even though we are more selective in new investments that support the strategy we need to obtain the health of our public budget and start the reduction process this year,” Tan said in the call.

It is a blatant change in Intel Capital’s Intel plans.

Intel announced in January Intel Capital would have been hit on its own. Shortly after the advertisement, I told Intel Capital VP and the main administrative director Mark Roserk that The company looked out several times Over the years.

“We thought that our busy record deserves attention from external investors,” Rostic told Techcrunch. ))

The talks on the rotation became more serious last year – as reported Support from former Intel Pat Gilgringer. The original plan was to become an independent Intel Capital by the third quarter of this year; Intel will remain an investment partner.

Now, it seems that this will not pass.