By: Financial
Source: http://finchannel.com
The FINANCIAL -- Intel Capital, Intel Corporation’s global investment and M&A organization announced US$40 million worth of investments in 10 Asian companies, reflecting the rapid spread of technology innovation across Asia.
The investments include eight new investments in companies from China, India, Japan and South Korea, and two planned investments in companies from Taiwan.
The 10 investments were announced at the 12th annual Intel Capital Global Summit in Huntington Beach, Calif. Formerly known as the CEO Summit, the Intel Capital Global Summit brings together approximately 900 portfolio company CEOs, corporate technology decision makers and industry leaders from around the world.
“Technology adoption and innovation is an accelerating global phenomenon, and Asian entrepreneurs from both mature and emerging markets are on the cutting edge of this trend,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “These 10 companies offer unique technology – from remote security solutions to interactive cloud-based services – that enhances productivity, security and the online experience for consumers and businesses around the world.”
The 10 investments cover a range of innovative technologies, including semiconductor design and manufacturing, green technology, software, security, social gaming and cloud-based services. Details of each investment, including the amount to be invested, were not disclosed.In addition to the new investments, Intel Capital announced that International Finance Corporation joined the Intel Capital Global Investment Syndicate. Initiated in 2010, the Intel Capital Global Investment Syndicate is a select group of investors around the world that co-invest in select deals with Intel Capital. The program objective is to help companies grow faster by providing global market reach, technology expertise, board members and advisors along with a ready access to additional growth capital over time.
IFC is one of the largest global development institutions with a focus on dozens of countries in the developing market worldwide. By co-investing with Intel Capital in international companies such as China’s HiSoft Technology and Russia’s Yandex, IFC is helping to support the development of innovative technology companies.
Source: http://finchannel.com/Main_News/Tech/97716_Intel_Capital_Invests_US$40_Million_in_10_Asian_Companies/
Source: http://finchannel.com
The FINANCIAL -- Intel Capital, Intel Corporation’s global investment and M&A organization announced US$40 million worth of investments in 10 Asian companies, reflecting the rapid spread of technology innovation across Asia.
The investments include eight new investments in companies from China, India, Japan and South Korea, and two planned investments in companies from Taiwan.
The 10 investments were announced at the 12th annual Intel Capital Global Summit in Huntington Beach, Calif. Formerly known as the CEO Summit, the Intel Capital Global Summit brings together approximately 900 portfolio company CEOs, corporate technology decision makers and industry leaders from around the world.
“Technology adoption and innovation is an accelerating global phenomenon, and Asian entrepreneurs from both mature and emerging markets are on the cutting edge of this trend,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “These 10 companies offer unique technology – from remote security solutions to interactive cloud-based services – that enhances productivity, security and the online experience for consumers and businesses around the world.”
The 10 investments cover a range of innovative technologies, including semiconductor design and manufacturing, green technology, software, security, social gaming and cloud-based services. Details of each investment, including the amount to be invested, were not disclosed.In addition to the new investments, Intel Capital announced that International Finance Corporation joined the Intel Capital Global Investment Syndicate. Initiated in 2010, the Intel Capital Global Investment Syndicate is a select group of investors around the world that co-invest in select deals with Intel Capital. The program objective is to help companies grow faster by providing global market reach, technology expertise, board members and advisors along with a ready access to additional growth capital over time.
IFC is one of the largest global development institutions with a focus on dozens of countries in the developing market worldwide. By co-investing with Intel Capital in international companies such as China’s HiSoft Technology and Russia’s Yandex, IFC is helping to support the development of innovative technology companies.
Source: http://finchannel.com/Main_News/Tech/97716_Intel_Capital_Invests_US$40_Million_in_10_Asian_Companies/
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