Print  |  Send  |   

Intel invests $24 million in software firms

September 09, 2011 // Dylan McGrath

Intel invests $24 million in software firms

Intel Capital, the investment arm of the world's biggest semiconductor company, has announced that it invested over $24 million in seven firms that develop technology related to Intel's software strategy.


The recipients of the funding included new Intel investments in enterprise cloud automation software provider DynamicOps; building management software provider enLighted, real-time analytics provider Guavus; platform-as-a-service for commerce company IP Commerce; and social games analytics service provider Swrve New Media, Intel said.

Intel Capital also recently closed follow-on investments in predictive analytics company Revolution Analytics and cloud-based media streaming service Gaikai, the firm said.

As is typical, Intel did not disclose the specific amount of funding each company received.

Intel (Santa Clara, CA) said the seven companies have developed innovative technologies related to key initiatives of Intel's software strategy.

"The best computing experiences unite leading-edge hardware with amazing software," said Arvind Sodhani, president of Intel Capital and Intel executive vice president, in a statement. "These investments in best-of-breed software vendors play an integral part in Intel's software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem."

All news


Follow us

Fast, Accurate & Relevant for Design Engineers only!

Technical papers     

Linear video channel

READER OFFER

Read more

This month, Arrow Electronics is giving away ten BeMicro Max 10 FPGA evaluation boards together with an integrated USB-Blaster, each package being worth 90 Euros, for EETimes Europe's readers to win.

Designed to get you started with using an FPGA, the BeMicro Max 10 adopts Altera's non-volatile MAX 10 FPGA built on 55-nm flash process.

The MAX 10 FPGAs are claimed to revolutionize...

MORE INFO AND LAST MONTH' WINNERS...

Design centers     

Automotive
Infotainment Making HDTV in the car reliable and secure

December 15, 2011 | Texas instruments | 222901974

Unique Ser/Des technology supports encrypted video and audio content with full duplex bi-directional control channel over a single wire interface.

 

You must be logged in to view this page

Login here :