Intel Capital announces latest investments

Intel Capital announces latest investments

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.

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.

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.


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