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Chip Shot: Intel Capital Celebrates 10 Years of Investing in Russia

Intel Capital, Intel Corporation’s global investment and mergers and acquisitions organization, today celebrated 10 years of investing in Russia and the Commonwealth of Independent States. Intel Capital entered Russia in 2003 with an investment in internet company Ru-Net/Yandex and since then has invested in 15 companies across the region. Speaking at an Intel Capital event to mark the occasion, Arvind Sodhani, president of Intel Capital and executive vice president at Intel, detailed Intel Capital’s history and success in the region: “As one of the first international venture capital investors in the country, we have invested in and worked alongside the strong local engineering talent behind many of the region’s most exciting technology innovations. In turn, these companies have benefited from the unique global perspective Intel Capital provides entrepreneurs along with the resources, network and expertise to help them grow their businesses.” View the press release for more information.