The US-based computer company recruits Jim Lussier from Norwest to head up its corporate venturing unit.

Dell has reopened a corporate venturing unit, which is headed up by Jim Lussier, formerly from venture firm Norwest Venture Partners.

Dell joins the ranks of large companies which have set up a corporate venturing unit this year including US-based natural gas business Chesapeake and Germany-based automobile manufacturer BMW. Global Corporate Venturing research shows more than 80 corporates have set up funds this year, a record for the sector.

The venture unit will be known as Dell Corporate Ventures,…