Intel Capital, the Intel Corporation’s global investment and M&A arm, announced at the Intel Capital Global Summit on 4 November 2015 that it had committed to new investments totalling more than $22 million in 10 startup ventures across a range of industries. .
Commenting on this development in a release, Wendell Brooks, Intel corporate vice president and incoming president of Intel Capital stated: “With today’s announcement, we’re on track to invest more than $500 million in startups in 2015. Together with another robust group of exits, we’re poised for one of the organisation’s strongest years ever.”
