'We're very active' said Intel Capital's Lucy McQuilken Intel seems to be a pretty optimistic company. And, it's not because Intel CEO Paul Otellini recently said he saw quarterly sales at the chip giant return to "normal" levels. While many venture capitalists have been hunkering down since last October, Intel's venture capital unit has been actively looking at deals, albeit unsuccessfully. "It was a little slow, but not because we weren't willing to invest, but because the companies that we were looking to invest in weren't looking to raise in that environment," said Lucy McQuilken, investment manager at Intel Capital, responding to my question about whether Intel took a hiatus from investing, much like other VCs. McQuilken and I were attending the AlwaysOn Venture Summit East conference in Boston, this week. ... [ Read more ]