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.
Fool contributor Eric Volkman has no position in Intel. Nor does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.