Monday June 26, 11:49 AM
Intel Capital invests in 4 Chinese firms
BEIJING, June 26 (Reuters) - Intel Capital, the investment
arm of software giant Intel Corp. , said on Monday it
had invested in 4 Chinese firms from its $200 million (1.6
billion yuan) China Technology Fund, which was established a
year ago.
The companies were Campus Media, Montage Technology, Star
Softcomm and Winking Entertainment, said Intel.
The company did not reveal details about the investments,
but an Intel Capital official said individual investments are
usually under $5 million.
Intel Capital invested $265 million around the world in
2005, of which about 60 percent of the investments were made
outside of the United States, much higher than the 40 percent
in 2004.
Intel Capital focuses on both established and new
technologies that promote industry standard solutions, drive
Internet growth and advance the computing and communications
platforms, it said.
(US$=8.00 yuan)
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