News Posts matching "Intel Capital"

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Intel CEO Outlines New Computing Opportunities with China Technology Ecosystem

As the computing industry landscape undergoes rapid transformation, Intel Corporation CEO Brian Krzanich today outlined the company's plans to build upon its nearly 30-year history in China, and collaborate with the growing technology ecosystem, particularly in Shenzhen, to accelerate new innovation and reshape the computing industry.

During his keynote, Krzanich discussed how Intel and the Shenzhen technology ecosystem can re-ignite growth - both locally and globally - and deliver differentiated computing products and experiences, spanning multiple market segments, operating systems and price points. Underscoring this point, he announced the establishment of an Intel Smart Device Innovation Center in Shenzhen and a US$100 million Intel Capital China Smart Device Innovation Fund.

Intel Capital Unveils $65 Million in New Investments

Intel Capital, Intel Corporation's global investment and M&A organization, is announcing investments in 16 new technology companies totaling $65 million. Spanning nine countries, the investments will help drive innovations in the cloud, datacenter, mobile technologies and consumer-related services. Announced at the 14th annual Intel Capital Global Summit held in San Diego, the new investments are part of Intel Capital's mission of cultivating global innovation by providing entrepreneurs with the resources necessary to scale from startup to global corporation level.

Designed to create growth opportunities for Intel Capital portfolio companies through structured networking, the Intel Capital Global Summit includes a full agenda of keynote presentations, expert panels and more than 2,000 targeted meetings between portfolio company CEOs and key business executives. Portfolio companies attending past Global Summits have gone on to sign business deals with leading corporations across a wide range of industries.

Intel Capital Makes Strategic Investment in Validity Sensors

Validity Sensors, Inc., the leader in Natural ID authentication, today announced that Intel Capital has completed a strategic investment as part of its Series E Financing. Intel's investment combined with additional strategic investments from World Fair and DDS brings the total Series E capital commitments to more than $22 million. This follows an initial closing on October 4, 2012, led by TeleSoft Partners that included full participation from Qualcomm Ventures, VentureTech Alliance (the venture capital arm of TSMC), Panorama Capital and Crosslink Capital.

"Validity's technology addresses an important need to make computing devices and the transactions completed on them more secure while actually increasing ease of use for the end user," said Dave Flanagan, Managing Director, Intel Capital. "This investment reflects our commitment to collaborate with the fingerprint sensor market leader to create differentiated products for mobile and computing platforms."

Intel Capital Acquisition Signals Opportunity in Semiconductor Investments

Intel Capital portfolio company Crossing Automation announced today that it is being acquired by Brooks Automation (NASDAQ: BRKS) for $63 million. Intel Capital invested in Crossing in 2005 and provided financial support and strategic and operational planning guidance to the company, which manufactures fab and tool automation equipment for the semiconductor market, enabling Crossing to achieve significant revenue and operating income growth.

The deal follows on the heels of FormFactor's (NASDAQ: FORM) $117 million acquisition of Intel Capital portfolio company MicroProbe, which provides advanced wafer test solutions to global semiconductor manufacturers. These successful exits signal a revival of opportunities in the semiconductor investment sector where Intel Capital is well positioned to add value to these companies.

Intel Capital Announces 10 Investments at Intel Capital Global Summit

Intel Capital, Intel Corporation's global investment and M&A organization, kicked off its annual Intel Capital Global Summit by announcing investments in 10 innovative technology companies. Intended to help these companies grow to the next level, the investments reinforce the Global Summit's 2-day agenda focused on company building. Totaling approximately $40 million, they cover a range of technologies from collaborating in the cloud and delivering enhanced digital entertainment to simplifying mobile payments and enabling new forms of device interaction.

The investments include secure content sharing platform Box; Bollywood and South-Asian content distributor Hungama.com; integrated circuit design house FocalTech; social radio platform Jelli; social game developer LIFO Interactive; mobile proximity platform NewAer; e-payment platform PagPop; cloud services provider Tier 3; 3-D game developer Transmension; and mobile advertising provider UUCun. Financial details of each investment were not disclosed.

Tobii Closes $21M Funding Round Led by Intel Capital

Tobii Technology, the global leader in eye tracking and gaze interaction, announced today that it has closed a USD $21M funding round. New investor Intel Capital joins existing investors Amadeus Capital, Investor Growth Capital and Northzone Ventures. The funding will be used to continue R&D investments in core technology and to take eye tracking and gaze interaction to mainstream computers and other mass-market applications.

The new funding from Intel Capital will help Tobii to further accelerate the technological evolution and to take the leap into mass-market applications, such as mainstream computers, cars, games and other consumer and professional products. More specifically it will help Tobii to do necessary R&D investments, grow their R&D organization and build new strategic competences.

Intel Capital to Invest in Future of Automotive Technology

Intel Capital today announced a $100 million investment fund to help accelerate innovation and the adoption of new technology and services in the automotive industry. Intel Capital is the first global technology investment organization headquartered in Silicon Valley to announce a dedicated focus on automotive technology innovation.

The Intel Capital Connected Car Fund will be invested globally over the next 4 to 5 years in hardware, software and services companies developing technologies to promote new, compelling in-vehicle applications and enable the seamless connection between vehicles and any connected device, including mobile devices and sensors.

New Venture Partners Portfolio Company, Silicon Hive, Acquired by Intel

New Venture Partners, the global venture capital firm dedicated to corporate technology spin-outs, today announced that its portfolio company, Silicon Hive, a spin-out from Philips Electronics (Philips), has been acquired by Intel Corporation (Intel). “New Venture Partners and Intel Capital never shied away from the heavy lifting involved in making Silicon Hive the success it is today”.

Silicon Hive was incubated by Philips to commercialize parallel processing technology for semiconductor Systems-on-Chip (SoC). In 2007, Philips decided to spin out Silicon Hive as an independent, venture-backed company. New Venture Partners structured the transaction, transitioning the Silicon Hive business -- team, relationships, products, technology and related intellectual property -- out of Philips and into a start-up company. New Venture Partners led the Series A investment in Silicon Hive with initial participation from TVM Capital.

Intel Acquires Egypt-based SySDSoft

Intel Corporation, through its standalone business entity Intel Mobile Communications, today announced that it has acquired most of the assets of SySDSoft, a privately held software company based in Cairo and hired approximately 100 of the company’s electrical engineers and computer scientists. SySDSoft designs state-of-the-art IP solutions in the software stack and physical layer domain, and RF/analog circuits embedded in mobile platforms.

“The acquisition of engineering and design talent from an Egypt-based company in the field of cutting-edge wireless and communication technology is the first of its kind for Intel in the Middle East,” said Arvind Sodhani, president, Intel Capital and executive vice president, Intel. “The acquisition shows Intel’s continued long-term strategic commitment to the region and its appreciation of its young, growing talent pool.”

Intel Capital Invests $77 million in Innovative Companies Around the World

Intel Capital, Intel Corporation’s global investment organization, reaffirmed its dedication to foster worldwide innovation with the announcement of 18 new investments. The new deals total approximately $77 million and were announced today at the 11th annual Intel Capital CEO Summit, Intel Capital’s gathering of portfolio company CEOs, corporate technology decision makers from Global 1000 companies and thought leaders from around the world. The new Intel Capital investments span 11 countries including Brazil, China, Germany, India, Israel, Malaysia, the Netherlands, Russia, Taiwan, Ukraine and the United States.

The new investments align with Intel’s strategic focus on fostering innovation in core PC and server market segments including cloud computing, mobility solutions and access to broadband wireless in geographies around the world. Additionally, these investments will help enable advancements in adjacent computing areas including smart TV, tablets and smartphones.

Intel Capital Announces Three Investments

Intel Capital, Intel Corporation's global investment organization, today demonstrated its ongoing support for technological innovation with the announcement of three U.S.-based investments totaling approximately $15 million. The deals include eldercare website Caring.com, real estate investment ratings provider SmartZip Analytics and infrastructure services provider Virtustream.

In addition to these three investments, Intel Capital also highlighted several recently announced investments. These include educational gaming company Tabula Digita, Carrier Ethernet solutions provider Overture Networks and advertising technology company BlackArrow.
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