Intel Capital slows investment pace modestly this year

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Intel Capital slowed its investment pace modestly this year, putting $300 million into 124 deals, the firm said on Tuesday.

Last year, the venture arm of chipmaker Intel invested $352 million in 150 deals.

About half of this year’s investments were made outside North America, a bit less than the 57% of investments in 2012.

Intel Capital made 52 new investments and 72 follow-on investments during 2013, according to a posting on its website.

Meanwhile, it saw 28 exits of portfolio companies, including six IPOs and 22 M&A transactions. The M&A deals include Tier3’s purchase by CenturyLink and Virident Systems purchase by Western Digital. PeHUB publisher Thomson Reuters bought Omnesys, Microsoft bought Pando and Blue Coat bought Solera Networks.

Since 1991, Intel Capital has invested more than $11 billion in more than 1,300 companies in 54 countries.

Here is a link to the Web posting.

Photo courtesy of Shutterstock

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