Intel’s interim co-chief executive, David Zinsner, said spinning off its venture arm was a “win-win scenario as it provides the fund with access to new sources of capital to expand its franchise while allowing both companies to continue benefiting from a productive long-term strategic partnership”.

This'll be good for you, don't you worry, CFO tells venture fund while pulling back the sling Stricken silicon giant Intel has decided it doesn’t want to be the sole investor in its venture capital operation,

Intel says that it plans to spin off its corporate venture arm, Intel Capital, into a standalone fund, with Intel as an "anchor investor."