INTEL CAPITAL INVESTS $25M IN 7 NEW STARTUPS
Intel pronounced currently which it has invested $25 million in 7 brand brand brand brand new startups as partial of a idea of augmenting direct for a own products. The investments were led by Intel Capital , which is a investment arm of a Santa Clara, Calif.-based thinly slice maker. The investments uncover which Intel hasn’t flinched from a idea of ancillary startups during a recession, pronounced Arvind Sodhani (right), boss of Intel Capital, during a press discussion during Intel’s 10th annual CEO Summit in Huntington Beach, Calif. As explanation of that, he remarkable which Intel has done 10 follow-on investments upon a prior investments. The brand brand brand brand new investments embody U.S.-based Joyent (cloud computing) and Active Storage (RAID storage systems for Apple users), Korea-based Crucialtec (optical modulation technology), Taiwan-based Gudeng Precision Industrial Co (semiconductor front-end apparatus manufacturing), Japan-based V-cube (Web-based videoconferencing systems), China-based Phoenix New Media (Web report portal) and United Arab Emirates-based NeuString (telco pricing analytics software). Sodhani pronounced which Intel’s investments have been directed during a vital goals of augmenting direct for Intel products
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Intel Capital invests $25M in 7 brand brand brand brand new startups
