Intel pumps $25million into development projects
Intel Capital has announced it has invested approximately $25million into seven global development programmes.
The new investments focus on technologies such as cloud computing, RAID storage systems for Apple users, optical modulation technology, semiconductor front end equipment manufacturing and web based video conference systems.
Arvind Sodhani (pictured), president of Intel Capital and Intel executive vice president said: "Innovation does not stop during economic slowdowns. New technologies are the drivers of growth that help lead economies back to prosperity, and Intel Capital continues to be a leading investor in companies pioneering such advancement. These new and follow on investments in companies at various stages of development and geographies demonstrate Intel Capital's unwavering commitment to invest in technology innovation globally."
