Intel Capital is one of the longest standing corporate venture capital groups. It has operated through a couple of industry cycles now, avoiding the usual corporate venture “rule” that such things enter the industry at the top and exit at the bottom.
But is Intel Capital’s cycle about to end?
With AMD taking shark-bites out of Intel marketshare, and with PC industry growth declining, Intel CEO Paul Otellini has promised he will look at “anything with a bracket on it” — Intel’s money-losing business lines — as well as the company’s “all other” income statement line. Given that Intel Capital almost certainly must be losing money, and that hardly looks strategic in the currest cost-conscious climate in the company, how much longer can it be before the large and expensive venture group’s run comes to an end?