Intel Capital to aggressively pursue investment prospects

“We realize we have had missed opportunities here [in the past],” says Intel Capital’s managing director for Western Europe, Israel.

July 25, 2012 23:16
1 minute read.
Battisti with Intel Capital Israel investment dire

Battisti with Intel Capital Israel investment directors 370. (photo credit: Israel Hadari)


Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analysis from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief


Intel’s global investment arm, Intel Capital, will be more aggressive in pursuing Israeli investment opportunities, managing director for Western Europe and Israel told reporters in Tel Aviv Wednesday.

Battisti, sitting alongside veteran Intel Capital Israel investment director Uri Arazy and newly appointed investment directors Yair Shoham and Merav Weinryb, said the organization would focus most of its coming efforts on Israel and two Western Europe countries he declined to name.

“We realize we have had missed opportunities here [in the past],” Battisti said.

“There are three places in this part of the world which are incredibly innovative, and Israel is one of them. We are going to double down our bets in each of those three places. The difference between Israel and the other two is that Israel’s population is a small fraction of the others’, but it comes up with just as much innovation.”

Intel, the world’s largest manufacturer of semiconductor chips, employs 8,000 Israelis in six locations: Haifa, Yakum, Herzliya, Petah Tikva, Jerusalem and Kiryat Gat. Intel Israel’s exports totaled $2.2 billion last year and $22.4b. in 1999-2011, according to the company.

Sixteen of Intel Capital’s portfolio companies have made exits so far this year – six of them through IPOs and 10 of them through M&A transactions. Two of the sales involved Israeli companies: Anobit, a designer of flashmemory controllers; and AeroScout, a developer of Wi- Fi-based radio-frequency identification tags for monitoring valuable assets.

Battisti said Intel Capital would be open to investing in both early-stage and late-stage companies as part of its new Israel search and to writing checks for as low as $100,000 and as high as $50 million. He said it would do exactly the same thing in Israel as it has been doing in Western Europe: looking at every potential investment and putting money into those that it thinks will produce a return.

“I won’t do something for the sake of doing it,” Battisti said. The earlier it is [in the life of an acquired company], the riskier. This is risk capital to the extreme. We are willing to do it, but it has to pay up.”

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

The Teva Pharmaceutical Industries
April 30, 2015
Teva doubles down on Mylan, despite rejection


Cookie Settings