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Intel Capital Invests $38M In 12 Innovative Technology Startups

October 26, 2016

Via: Forbes

It’s been a challenging year for Intel Capital.

After admitting earlier this year that he was undertaking a comprehensive review of the chipmaker’s corporate venture capital arm, including possibly dumping some of its assets for an estimated $1 billion, Intel Capital’s president Wendell Brooks committed this week to keep its existing investment portfolio of just over 400 companies.

“We’re not going to sell our portfolio,” Brooks told me during the Intel Capital Global Summit being held this week in San Diego.

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