Most of the time, we find out about companies that have collected venture investments one at a time, via announcements or regulatory filings from the companies themselves. Today Santa Clara, CA-based Intel Capital shook things up a bit, unveiling a big bundle of investments all at once.
The venture wing of the giant chipmaker said in an announcement at the Intel CEO Summit in Huntington Beach, CA, that it has invested $77 million across 18 companies spanning 11 countries, including Brazil, China, Germany, India, Israel, Malaysia, the Netherlands, Russia, Taiwan, the Ukraine, and the United States. All of the companies on the list are working on technologies that relate to Intel’s core PC and server processor business, or to what it called “adjacent” areas of computing such as Internet-based video delivery and consumer electronics.
To read the full, original article click on this link: Intel Capital Reveals 18 New Investments Totaling $77 Million | Xconomy
Author: Wade Roush