Investing in Global Innovation
Mar 05, 2012
Vibhor RastogiInvestment Director, Intel [email protected]
Intel Capital Mission
Enhance Intel’s Strategic Objectives By Making and Managing Financially Attractive Investments
STRATEGICSTRATEGIC
A Stage Agnostic and Long-Term Investor
Investing In a World of Possibilities
EnterpriseEnterpriseand Cloudand Cloud
MobilityMobility
SoftwareSoftwareand Servicesand Services
IntelligentIntelligentSystemsSystems
UltrabooksTablets
Smart Phones
AppUp Center™Cloud Computing & Security
Visual Computing & Open Source
Servers, Networking & StorageManageability & VirtualizationData Centers & Cloud Services
Digital SignageConnected Car & IVI
Home Energy Management
Digital Media & Digital Media & Entertainment Entertainment
Consumer Consumer InternetInternet
ManufacturingManufacturingMemoryMemory
CleantechCleantechGreentechGreentech
Content Delivery/ServicesContent Delivery/ServicesGaming & EducationGaming & Education
AdvertisingAdvertising
e-Commercee-CommerceSocial Media & Mobile WebSocial Media & Mobile Web
Enabling PlatformsEnabling Platforms
Grid InfrastructureGrid InfrastructureSmart Commercial BuildingsSmart Commercial BuildingsMicrogrids & CommunitiesMicrogrids & Communities
Semiconductor ProcessSemiconductor ProcessEDA Tools & IPEDA Tools & IP
Non-Volatile MemoryNon-Volatile Memory
Intel Capital’s Investment Criteria
When making investments, we look for:
● Innovative technology and usage models
●Strategic interest to Intel
●Strong management teams
●Addresses rapidly growing and sizable markets
●Exit opportunity
6 IPOs28 Acquisitions
6 IPOs28 Acquisitions
51% Outside N. America
74 InternationalInvestments
51% Outside N. America
74 InternationalInvestments
Intel Capital Investments
2011
Historical
158 New Deals
$526M
158 New Deals
$526M
194 IPOs289 Acquisitions194 IPOs
289 Acquisitions
36% Outside N. America
51 Countries
36% Outside N. America
51 Countries
1,212 Deals $10.4 Billion
1,212 Deals $10.4 Billion
2011 Investments
*Other marks and brands are property of their respective owners
2011 Intel Capital Exits 34 Portfolio Company Exits: 28 M&A and 6 IPOs
USA
China India Netherlands
Japan FranceUKIsrael
China: NASDAQ
China: NYSE
China: GTSM
Poland: GPW
Taiwan: GTSM
Taiwan: TSEC
Intel Offices
Intel Capital Invested
Intel Capital Offices in 26 countriesInvestments in 51 Countries
Intel Capital Global PresenceInvested $10.4+ Billion in 51 Countries
Successful Investments
*Other marks and brands are property of their respective owners
Helping to Support Successful Global Businesses Since 1991
Global Investment Syndicate
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Worldwide Co-investors Providing Ready Access to Growth Capital, Global Market Reach, Board Members and Advisors
Intel Capital Technology Days
Delivering value for customers and portfolio companiesDelivering value for customers and portfolio companies
*Other marks and brands are property of their respective ownersVer. Dec 2011
Shortcuts the Corporate Technology Evaluation Cycle by Directly Connecting Portfolio Companies with Industry Executives
Intel Capital’s Unique Advantages
●One of the largest technology venture capital organizations worldwide
● Invests at all stages in private and public companies
●Leads investment rounds, takes larger stakes, actively participates on boards
●Speed and agility to make quick decisions
●Global brand recognition
●Committed to portfolio company success
Provider and Payer Technologies
• Pay for Quality vs. Pay for Volume driving adoption of risk based entities such as ACOs
• Cloud based Ambulatory and Hospital EMRs lowering cost of adoption of clinical technologies and digitizing the HC ecosystem
• Big data for Clinical decision support an interesting new trend
• Payers trying to become more consumer focused in anticipation of rollout of HC reform in 2014
Source: Oppenheimer, Frost and Sullivan, CMS, Morgan Keegan
Representative Portfolio
Remote Patient management• Aging populations: 65+ expected to
reach 53M by 2020 and 80M by 2050 in the US. This long term demographic trend a key driver for the remote patient monitoring market
• In place aging – There is greater desire on part of individuals and families to age in place. Remote patient management provides this flexibility
• Treatment of Costly diseases - Chronic heart failure (CHF) one of the most common causes of hospitalization for elderly Americans, and is also one of the nation’s most costly conditions to treat. Remote patient management effective in preventive treatment of patients
Representative Portfolio
Source: ABI Research
Consumer and Mobile Health• Smartphone adoption
• Hundreds of million smart phones have the potential to be used for sensing and transmitting HC data
• Mobile PHR adoption accelerated by EHR adoption and potential for integration via standard data interfaces
• Increasing consumerism• Twice as many Gen-X and Gen-Y consumers want to access and maintain their PHRs using a mobile device than do Baby Boomers and Seniors
• 50% of consumers in a recent study want a personal monitoring device to alert and guide them to make improvements in their health or treat a condition
Representative Portfolio
Source: PWC
Bioinformatics and Genomics
Key Focus areas
• Genomics• Proteomics• Bioinformatics and
bioanalytic portals• Molecular modeling• Computational chemistry
Representative Portfolio
Source: IDC
Investing in Global Innovation