News & Analysis

Intel invests $25 million in seven companies

11/17/2009 4:44 PM EST

MANHASSET, NY — Intel Capital has invested a total approximately $25 million in seven companies ranging from developing cloud computing infrastructure to enabling Chinese web portals.

At the 10th annual CEO Summit Intel announced invetsments in Joyent, Active Storage Crucialtec, Gudeng Precision Industrial Co., V-cube, Phoenix New Media and NeuString.

  • Joyent, Inc. (Sausalito, Calif.) provides cloud computing infrastructure and services.

  • Active Storage (Los Angeles) provides a media storage platform for Apple-based infrastructures.

  • Crucialtec (Cheon-Ahn City, Korea) is a manufacturer of specialized input devices that utilize optical technology for mobile devices.

  • Gudeng Precision Industrial Co (Taipei, Taiwan) is a semiconductor front-end equipment manufacturer.

  • V-Cube (Tokyo) develops and markets Web-based videoconferencing systems.

  • NeuString (Dubai, UAE) delivers predictive analytics software and consulting services to mobile network operators.

  • Phoenix New Media (Beijing) provides dedicated portals to Chinese audiences.

    At the CEO Summit Intel Capital also highlighted 10 new follow-on deals witht he following companies: picoChip, Vostu, Safend, China Digital Video Limited, Verisilicon Holdings, Financial Information Network & Operations Pvt. Ltd., Wortal, Inc., Sendmail and Zend Technologies.

    Intel Capital also recently announced a $50 million investment in Clearwire.

    The CEO Summit, in its 10th anniversary year, is held through Wednesday and hosts more than 600 CEOs from Intel Capital's investment portfolio companies and executives from some of the largest Global 2000 companies.

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