Intel Capital Announces New Investments

Intel's (NASDAQ: INTC  ) global investment arm, Intel Capital, is keeping itself busy by putting money into tech-flavored companies around the world. The unit has unveiled its latest slate of investments, totaling 16 companies across nine countries for a total of $65 million in funding.

Many of those companies are based in Asia, such as Singapore-based cloud services consultancy CloudFX, community website and services platform CSDN headquartered in China, Japanese cloud file service provider Fileforce, and the Japan-USA cross-Pacific storage software provider Cloudian. Others are Singaporean/Indian disaster recovery platform specialist Perpetuuiti TechnoSoft Services, and Indian auto lending company Savaari Car Rentals.

Among the slate of investments are several companies purely or partially based in the United States. These include 3-D software developer DotProduct and a wireless electricity developer, WiTricity.

Read/Post Comments (2) | Recommend This Article (1)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2694472, ~/Articles/ArticleHandler.aspx, 9/30/2016 10:01:35 PM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 45 minutes ago Sponsored by:
DOW 18,308.15 164.70 0.91%
S&P 500 2,168.27 17.14 0.80%
NASD 5,312.00 42.85 0.81%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

9/30/2016 4:00 PM
INTC $37.75 Up +0.43 +1.15%
Intel CAPS Rating: ****
INTL $38.85 Up +0.68 +1.78%
INTL FCStone CAPS Rating: *****