Intel Capital reveals $300m spend in 2012


Intel Capital revealed it has spent $300m in 2012, capping a busy year in which the corporate venture capital giant added an additional 50 companies to its portfolio.

In addition to growing its portfolio dramatically, it has also made more than 70 follow-on investments over half of which are outside of North America.

The firm, which invests in strategic areas to aid its parent group’s objectives, has also ventured into the new countries of Ghana and Spain.

“As new companies entered our portfolio this past year, quite a few achieved the ultimate level of success for a start-up and exited. In total, 30 companies completed exits this year via an IPO or through a purchase or a merger,” a bulletin by the firm said.

Some notable examples include AVG (NYSE), Vocera (NYSE), iMall (Naspers), Anobit (Apple), Gaikai (Sony), DynamicOps (VMware) and Perceptive Pixel (Microsoft).

The company’s 2012 investments include energy efficiency and cleantech businesses including Trigence Semiconductor, which specialises in technology which converts analog signals and digital signals; Nirvanix, a provider of enterprise-class cloud storage services; and Terascala, a fast data company.

Established in 1991, Intel Capital has since investment more than $10.7bn in more than 1,250 companies across 53 countries.

The firm has not revealed whether it has a target annual spend for 2013.

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