Intel Capital, the venture capital, mergers and acquisition arm of chip giant Intel, has announced its most recent investments - and, as usual, gives a heavy hint as to the technologies Intel believes will be important in years to come.
Intel Capital has announced its latest round of investments, which include cloud computing specialists, a wireless electricity company, semiconductor outfits and - oddly - a car rental company.
Announced at the Intel Capital Global Summit by company president Arvind Sodhani, the cash laid out on the 16 up-and-coming companies totals $65 million - although, as is usual, Intel is coy about exactly which companies get what share of that funding.
A small number of the company's most recent investments include those directly involved in its core competency of semiconductor design and manufacture. Sodhani revealed investments in SBA Materials, a creator of nanoporous dielectrics which are claimed to help improve the performance of future semiconductors while reducing their power consumption, and Rocketick, which produces a GPU-accelerated software package for speeding up chip verification simulations.
Other relate to the burgeoning cloud computing market: CloudFX, Cloudian and Wayz Japan all produce cloud-centric technology, while Sodhani also announced investments in continuity planning and disaster recovery specialist Perpetuuiti TechnoSoft Services, deduplicated storage platform creator Reduxio Systems, offline commerce company Prism Skylabs, and high-performance database specialist SkySQL.
Still more investments were announced with an eye on connectivity and peripherals: Intel now owns a chunk of WiTricity, the US wireless electricity start-up, and Lintes Technologies, which creates interconnects that range from Thunderbolt products to its flagship 100Gb/s Active Link for datacentre use.
The company's spending doesn't stop there, however. DotProduct, which produces software for real-time capturing of 3D data using Android tablets, is another confirmed investment target, along with Chinese IT professional network CSDN. Interactive video gets a nod with investment in Interlude, which recently launched a self-authoring suite for the development of real-time branching video.
One or two of the other investment choices are, perhaps, a little more out of left-field. While it's not too hard to see why Intel has ploughed cash into Mobiles Republic, a mobile-centric news aggregation agency, its investment in Indian car rental company Savaari Car Rentals is a little harder to explain - even if the company does, indeed, offer its rentals via a website interface.
'We are [...] excited to announce new investments in these 16 innovative companies and look forward to supporting them with our unmatched company-building programs like the Intel Capital Technology Days,
' claimed Sodhani at the event.