23 Oct '13, 8pm

Intel Capital Injects $65 Million Into 16 Startups

Intel Capital Injects $65 Million Into 16 Startups

PORTLAND, Ore. — Intel Capital announced investments of $65 million in 16 companies in nine countries at its annual Intel Capital Global Summit 2013 (October 21-23) in San Diego, Calif., where over 1,000 executives, movers, and shakers from the technology and investment community gathered. The companies in which Intel Capital announced investments spanned a wide spectrum of new technologies, from wireless energy transfer to cloud computing to mobile and consumer services. Why are these chief executive officers smiling? They are CEOs of the companies in which Intel just invested $65 million, along with with Arvind Sodhani, president of Intel Capital and Intel executive vice president. (SOURCE: Intel Capital) A few of the highlights include WiTricity Corp. in Watertown, Mass., which has demonstrated the wireless transfer of electricity using magnetically coupled resonance be...

Full article: http://www.eetimes.com/document.asp?doc_id=1319875

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