Shares in chip manufacturer Intel soared by as much as five percent. Stock market participants spoke of vague takeover speculation./la/jha/
The US chip manufacturer Intel wants to spin off its investment business Intel Capital. The US company also wants to divest its camera business.
As an independent company, Intel Capital will also raise money from external investors in future. Until now, Intel has financed the subsidiary alone. The name of the venture capitalist is also to be changed. Intel intends to complete the spin-off in the second half of 2025 and plans to remain a so-called anchor investor - i.e. an important shareholder without a majority stake.
Camera business will also be spun off
The Group founded Intel Capital in 1991, at that time still under the name Corporate Business Development. According to Intel, the division has invested more than 20 billion US dollars in more than 1,800 companies since it was founded. Intel Capital currently manages assets of 5 billion dollars.
https://www.ecoreporter.de/artikel/intel-spaltet-sparte-f%C3%BCr-risikokapital-ab/
