Intel Capital Adds New Technology Investment Sectors; Promotes Three to Managing Director
SANTA CLARA, Calif., September 19, 2013-- Intel Capital, Intel’s Global Investment and M&A Organization, has formed four additional investment sectors focused on making and managing technology investments. With the addition of the new sectors, Intel Capital will now have nine investment sectors focused on specific technology domain expertise.
To lead the new groups, Intel Capital has promoted three Investment Managers to Managing Director. The new groups are as follows:
•Datacenter Software Sector will focus on cloud software, big data, and analytics. It will be led by newly appointed Managing Director Dharmesh Thakker.
•New Devices and Wearables Sector will focus on new opportunities in wearable computing and will be led by newly appointed Managing Director Rob Rueckert.
•Security Sector will focus on software and hardware based security solutions. It will be led by newly appointed Managing Director Ken Elefant.
•Ultrabook and Perceptual Computing Sector will be responsible for the Intel Capital Ultrabook Fund and the Intel Capital Experiences and Perceptual Computing Fund. The sector will be led by Managing Director Ramamurthy Sivakumar.
“Intel Capital has developed significant domain expertise in datacenter software, wearables, perceptual computing, security and ultrabook technologies from years of investing in innovative companies in these areas,” said Arvind Sodhani, President of Intel Capital and Intel Executive Vice President. “The formation of the new sectors will allow us to put even more focus on these rapidly evolving technologies in order to deliver on our value proposition of helping the best entrepreneurs scale their ideas from startup to global corporation.”
The new sectors will be joining existing sectors which have been adjusted to reflect the new additions:
•Datacenter, Cloud Infrastructure and Network Storage Sector led by Managing Director Bryan Wolf.
•Internet, Digital Media and Education Sector led by Managing Director Marc Yi.
•Manufacturing and Intel Labs Sector led by Vice President and Managing Director Keith Larson.
•Services, Open Source, and Machine to Machine Sector led by Vice President and Managing Director Lisa Lambert.
•Smartphone and Tablets Sector led by Managing Director Dave Flanagan.
In addition to the nine technology sectors, Intel Capital is also organized into five geographic regions with investment professionals in 26 countries. These remain unchanged:
•Asia Pacific led by Managing Director Sudheer Kuppam, based in Bangalore, India.
•China led by Managing Director Rich Hsu, based in Beijing, China.
•Eastern Europe, Middle East, Africa and Russia led by Managing Director Marcin Hejka, based in Warsaw, Poland.
•Latin America led by Managing Director Dave Thomas, based in Sao Paulo, Brazil.
•Western Europe and Israel led by Managing Director Marcos Battisti, based in London, United Kingdom.
The sectors and the geos together provide Intel Capital portfolio companies with an unmatched combination of technology and geographic expertise which is valuable in helping start-ups fine tune and target their solutions for the global marketplace.
About Intel Capital
Intel Capital, Intel's global investment and M&A organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, mobility, consumer Internet, digital media and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US$10.9 billion in over 1,294 companies in 54 countries. In that timeframe, 202 portfolio companies have gone public on various exchanges around the world and 324 were acquired or participated in a merger. In 2012, Intel Capital invested US$352 million in 150 investments with approximately 57 percent of funds invested outside North America. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com or follow @Intelcapital.
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