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Intel mulls sale of venture capital assets - report

2016-03-14 09:27:00| Telecompaper Headlines

(Telecompaper) Intel is thinking of selling part of is venture capital unit, assets that could be worth as much as USD 1 billion, Bloomberg reported, citing sources familiar with the matter. Intel is working with UBS Group to look for potential buyers for the assets, said the people. The portfolio, which is made up of companies across the world, is housed within Intel's corporate venture unit, Intel Capital.

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