Wed, Aug 27, 2014, 7:15 AM EDT - U.S. Markets open in 2 hrs 15 mins


% | $
Quotes you view appear here for quick access.

Intel Corporation Message Board

  • wallisweaver wallisweaver May 21, 2013 7:18 PM Flag

    Intel has a secret weapon

    Now that Intel Corp. has a new CEO and president, it can push forward on strategies for gaining ground in the market for mobile chips. But it won't be working in isolation.

    In today's Portland Business Journal, we present a cover story from our sister paper, the Silicon Valley Business Journal, about how Intel Capital, led by President Arvind Sodhani, is playing a key role in scouting trends and forging partnerships in key new technologies that could shape the Santa Clara, Calif.-based chip-maker's future.

    Intel Capital last year was ranked the world's most successful venture capital firm. Of the 150 companies in its portfolio, seven launched initial public offerings and 28 were acquired or merged — a box score that outperformed every other VC in 2012.

    It's been pretty active in Oregon, too. Since it was founded in 1991, Intel Capital has invested more than $100 million in 24 Oregon-based startups. Its current portfolio includes five Oregon companies: Iovation (Portland), Avnera (Beaverton), NexPlanar (Hillsboro), Advanced Inquiry Systems (Hillsboro), and Urban Airship (Portland).

    Of those, only Urban Airship is part of a distinct mobile strategy. The company, which provides the software that app developers use to power push notifications in mobile apps, was the first recipient of capital from Intel's mobile-focused AppUp fund in 2011. Intel Capital followed that up by participating in Urban Airship's $25 million Series D round in February.

    Urban Airship CEO Scott Kveton this week told me about how Intel Capital's cachet opened new doors for the company.

    “Intel Capital has a phenomenal set of programs and people you can leverage, whether for hiring or introductions. Intel Capital knows everybody, everywhere,” he said. “I attend two or three events every year that are networking events among peers in mobile and media. Plus, it doesn’t hurt to have somebody like (Intel Capital) saying, ‘We invested in them because we believe in the vision.’”

    From bizjournals

    SortNewest  |  Oldest  |  Most Replied Expand all replies
34.80-0.01(-0.03%)Aug 26 4:00 PMEDT

Trending Tickers

Trending Tickers features significant U.S. stocks showing the most dramatic increase in user interest in Yahoo Finance in the previous hour over historic norms. The list is limited to those equities which trade at least 100,000 shares on an average day and have a market cap of more than $300 million.