Intel Capital Advances Software Ecosystem

Extracted 27SEP2011 from http://tinyurl.com/3g4z9xl

Sep. 8, 2011-- Intel Capital, Intel Corporation's global investment organization, today announced seven investments to drive continued innovation across the software ecosystem. The deals total over $24 million...

said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “These investments in best-of-breed software vendors play an integral part in Intel’s software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem.”

Intel Capital, Intel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$10 billion in over 1,140 companies in 50 countries. In that timeframe, 191 portfolio companies have gone public on various exchanges around the world and 268 were acquired or participated in a merger. In 2010, Intel Capital invested US$327 million in 119 investments with approximately 44 percent of funds invested outside the United States and Canada.