Intel Capital, the venture capital arm of the world's biggest semiconductor, said it plans to invest roughly $20 million in six Indian companies. 

Separately, Intel announced that Intel Capital invested in CloudCare, a healthcare IT company. Intel also confirmed that it has signed an agreement to buy Israeli navigation software firm Telmap, reportedly for between $300 million and $350 million.

Intel Capital said it would invest the $20 million in fabless semiconductor company Saankhya Labs Pvt. Ltd., independent test engineering and solutions provider Testing Czars, banking technology platform provider Financial Inclusion Network and Operations (FINO), TV programming guide provider What’s on India Pvt. Ltd., electronic payment solutions and processing provider enStage and solar power products provider Duron Energy Pvt. Ltd.

Intel Capital said the investments are part of its ongoing efforts to support Indian technology innovation and entrepreneurship.

"Indian entrepreneurs are increasingly at the forefront of innovation, using technology to change the way we live and do work. Intel Capital’s investments in these six companies will help them grow their businesses and push into new markets," said Arvind Sodhani, president of Intel Capital and executive vice president of Intel, in a statement. 
Intel said it has already completed investments in Saankhya Labs, Testing Czars and FINO . Intel Capital has signed investment agreements with What’s on India, enStage and Duron Energy, it said. 

Details of the six investments, including the amount to be invested in each company, were not disclosed.

Funding for the investments announced by comes from the $250 million Intel Capital India Technology Fund established in December 2005, Intel said. This fund invests in Indian technology companies to stimulate local innovation and the continued growth of India's information technology industry, the company said. 

Last week, the Reuters news service reported that Suresh Kumar Kuppam, managing director for Asia Pacific at Intel Capital, said valuations of early-stage technology companies in India are increasing and approaching a bubble stage. 

"The computing revolution is just starting in India," said Navin Shenoy, vice president and general manager, Asia-Pacific, at Intel. "As PC ownership rises among Indian households, there is growing demand for online services and content. Intel is working closely with our Indian customers to help them meet this demand."

Last week, in a blog posting, Intel said Intel Capital has invested in CareCloud, a healthcare IT company that is utilizing cloud, mobile and social networking technologies to bring new capabilities and efficiencies to healthcare providers. CareCloud targets physician practices, offering apps for practice management, revenue cycle management and soon-to-be electronic medical record, according to Intel. 

資料來源:http://www.eetimes.com/electronics-news/4228865/Intel-to-invest--20M-in-6-Indian-firms

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