Innovation America Innovation America Accelerating the growth of the GLOBAL entrepreneurial innovation economy
Founded by Rich Bendis

NewImage

Intel Corp is looking to sell part of its venture capital portfolio, assets that could be worth as much as $1 billion, Bloomberg reported.

The world's biggest chipmaker was working with UBS Group AG to look for potential buyers, Bloomberg reported on Friday, citing people familiar with the matter.

The portfolio comprises companies across the globe and is part of the company's corporate venture unit, Intel Capital, according to the report.

Image: Shadows are cast near the Intel logo at the 2015 Computex exhibition in Taipei, Taiwan, June 3, 2015. REUTERS/PICHI CHUANG