Although Intel is in the bad books of Israel for shifting some of its fab work to Ireland, it seems that Chipzilla has not given up on investing in the promised land.
Intel Capital told Reuters that it wants to invest in some more Israeli start-ups.
Intel has invested in more than 60 companies in Israel since 1996 including Anobit, Passave, and Gteko which was bought by Microsoft and Mellanox which went public on Nasdaq.
Marcos Battisti, managing director of Intel Capital for Western Europe and Israel, said investment returns in Israeli start-ups have been in the double digits the last five years.
However he thinks that Intel could have made a lot more dosh in the Land of Milk and Honey.
Part of Chipzilla's problem is that it doesn not have enough staff on the ground to seek out decent investments and find the good deals.
Battisti said that Intel Capital has added two venture capital veterans having realised that it missed some big opportunities.
Chipzilla wanted to invest in perceptional computing, which it thinks is the next generation user interface, communications, gaming, cloud, mobile ecosystem and consumer internet outfits.
Now, what is this "newsing" about Intel being a fine, upstanding, and smoke-free joint for all and sundry? Perhaps one needs to ask oneself this question, "Why would anyone make something and then lobotomise its functionality?" Well, not because the sky is too high but because he'd been chosen to to do just that, bearing in mind that a true human will always do his best whereas the partial-human, those lacking conscience, will always do his best not to do his best. Caught the drift? Havana Nagila, Havana Nagila, Havana Nagila, …….. Yes, "Intel" is yet another costume for "Is-ra-el". Do/Can not believe it, eh? Just like the psyche of all the "Wealthy Israelis" who are fleeing that place whenever The Armageddon threatens, The Apocalypse being their real fear because "Evil" is not about others' lack of conscience, "Evil" is about self being unable to deny one's dual-nature, The Apocalypse being the 11 Immutable Self-Destroying Principles which fissure just like a fissiling atom. A Simplicity which Eludes, especially those who have yet to master counting beyond their toes other than adding more zeroes to the problem.