Items tagged with invest
Nick Woodman was inspired to create what would eventually become today’s GoPro wearable cameras after a surfing trip to Australia in 2002. He wanted to capture some close-up action shots and wasn’t able to with amateur camera gears. So he did what any enterprising entrepreneur would do and figured out his own solution to the problem. The initial wearable cameras Woodman created to capture action shots as they happened used 35mm film, but his company’s cameras have evolved into highly durable, HD vid-cams that are sought after by amateurs and extreme sports stars alike. It turns out Foxconn digs what GoPro has designed as well. The giant Taiwanese manufacturer just...
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Intel Capital, the chip giant’s global venture-capital arm, has just announced the creation of a $300 million dollar fund devised to help accelerate the development of “ultrabooks” and adjacent innovations. Monies from the Ultrabook Fund will be invested into hardware and software firms working on products or technologies designed to enhance how people interact with or use Ultrabooks, like sensor technologies or touch interfaces, for example. Technologies designed to improve battery life, enhance physical designs, or improve storage capacity are also mentioned specifically in Intel Capital’s announcement. Ultrabooks are Intel’s vision for ultra-thin and light...
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Intel Capital Announces Three New Investments in China Including its First Chinese Cleantech InvestmentsUS$20 Million Investment in Trony Aims to Accelerate Renewable Energy Generation and Drive China's Sustainable Development BEIJING, Oct. 28, 2008 -- Intel Capital, Intel's global investment organization, announced today three new investments in China. This includes a new US$20 million investment in Trony Solar Holdings Co., Ltd., a leading Chinese thin-film solar energy and solution provider. Intel Capital also signed an agreement, subject to various closing conditions, to invest in NP Holdings Limited (NPH), a technology company focused on massive electricity storage systems. These are Intel...
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IBM Invests Nearly $400 Million on Cloud Computing Centers in U.S. and Japan TOKYO and RESEARCH TRIANGLE PARK, NC - 01 Aug 2008: IBM (NYSE: IBM) today announced a massive expansion of its cloud computing capabilities, spending hundreds of millions of dollars to create two ultra-sophisticated delivery centers that will power the cloud-like computing model that the next era of computing will demand.Revolutionary Data Center in North Carolina IBM will spend $360 million to build its most sophisticated, state-of-the-art data center at its facility in Research Triangle Park (RTP), North Carolina. Built from the ground-up with IBM's New Enterprise Data Center design principles, the center will provide...
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As with all rumors, take the following story with a grain of salt until we receive official confirmation or denial from AMD.Rumor has it that AMD might receive some sort of financial bailout from the Middle East. At this time there is no word on who is allegedly offering to help out, or what kind of stake in the company they'll be given.“This move, if and when it happens, will relieve AMD of a pile of debts it owes, and give it the space, time and money to open a new fab in Malta, New York State, because the company have plans to go for that, big time.”...
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It appears that 50-year old industrial-supply company Systemax, parent of TigerDirect is drawing a lot of negative heat these days over their rebates. Here's an example of a deal and the problem: A 17” ViewSonic Monitor going for $139.99 sounds great.“But you'd have to read the small print to learn that TigerDirect's quoted price assumes you collect the $50 manufacturer's rebate. That's no small assumption, given the widespread complaints about TigerDirect's failure to pay rebates.”The sheer volume of complaints has drawn the attention of Florida's attorney general, as well as numerous lawsuits from customers and customer advocacy groups.It may be worth noting that CompUSA's name was recently...
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The Attorney General of New York has issued subpoenas to Intel, seeking information about whether Intel unlawfully compelled their customers to exclude rival AMD from the market for certain computer chips. At issue in Cuomo's probe is whether AMD has a fair chance to supply its X86 computer processing units for desktop and laptop computers and servers. Cuomo says Intel commanded 80% of the $30 billion market.In 2005, AMD filed a lawsuit saying Intel bullied major customers — PC makers like Dell (DELL)— into exclusive deals and offered secret rebates.The lawsuit alleged anti-competitive practices in several countries, including Britain, Germany and Japan.Intel, which commands three-quarters of...
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VMware And Intel Capital Announce Investment PALO ALTO, Calif. and SANTA CLARA, Calif., July 9, 2007 — VMware, Inc., the global leader in software for virtualization solutions today announced that Intel Corporation, through its global investment arm, Intel Capital has agreed to become an investor in VMware. VMware's base virtualization platform virtualizes the Intel architecture. Intel microprocessors comprise the majority of the systems on which VMware's virtualization products are deployed. Intel Capital will...
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Intel Announces Investment in Rio Rancho, New Mexico Site Fab 11X Retooled to Become Intel's Fourth Factory for Next Generation, 45 Nanometer Technology RIO RANCHO, N.M., Feb. 26, 2007 -- Intel Corporation today announced that it will invest $1 billion to $1.5 billion in its Rio Rancho site to retool Fab 11X for production on Intel's next generation 45 nanometer (nm) manufacturing process. Fab 11X will be the company's fourth factory scheduled to use the 45nm process, with production in New Mexico scheduled to start in the second half of next year. Marking one of the biggest advancements in fundamental transistor design in 40 years, Intel's 45nm high-k and metal gate process consists...
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EE-Times reports that Intel has invested $12 million dollars to fund the efforts of the Isreali graphics startup Lucid Information Technology. The startup's main focus is currently on a graphics acceleration traffic organizing chipset which will offer support for up to 4 discrete GPU's. Thanks to the dedicated silicon and specific driver which coordinate communication between the CPU and all GPU's, it could very well be possible to see a system running which is comprised of ATI and NVIDIA GPU's. With full-production targeted for the end of 2007, it should certainly be interesting to see what new developments this new product will make in the world of enthusiast gaming....
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Intel moved in on a quiet little investment of a UK-based company against the backdrop of IDF the other day. And if you weren't maniacally focused on some of these things, as we are around here at HH, it would have sneaked past you, right under your nose, without so much as a twitch of your sensory circuits. However, a press release that came across the wire this week was very telling indeed... Imagination Technologies Announces Expanded Multimedia Collaboration with Intel and Investment from Intel Capital 2 October 2006 Imagination Technologies Group plc (LSE:IMG; "Imagination") - a leader in System-on-Chip Intellectual Property ("SoC IP")...
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Intel Capital Extends WiMAX Investments Worldwide First Investment in the Middle East and Continued Momentum in Europe SANTA CLARA, Calif., May 22, 2006 - Intel Capital, the venture capital investment arm of Intel Corporation, today announced the signing of two WiMAX (Wireless Interoperability for Microwave Access) agreements. The first is for an investment in Orascom Telecom WiMAX Limited, a joint venture with Orascom Telecom of Egypt, and the second is for an investment in Worldmax, a joint venture with Enertel Holding of the Netherlands. Both investments are expected to be completed following the fulfillment and satisfaction of certain condition precedents and the receipt of various approvals....
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PC Perspective has posted a very interesting new article which investigates some of the bandwidth limitations for SLI and Crossfire chipsets. With the launch of ATI's Crossfire Xpress 3200 we reviewed here, ATI has made several allegations indicating NVIDIA's SLI technology was at a distinct architectural disadvantage. Ryan puts the marketing aside and walks away with a clear understanding of how the two architectures truly match up.The truth of the matter is that both the NVIDIA NF4 SLI X16 chipset and the ATI XPress 3200 chipset provided enough bandwidth for today's SLI and CrossFire generations, at the least. ATI's attempt to promote their RD580 chipset by showing poor performance numbers...
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The Walt Disney Company, Cisco Systems and Intel Corporation Invest in MovieBeam INC. New Digital Entertainment Venture Launches with $48.5 Million in Series A Financing Burbank, Calif., San Jose, Calif. and Santa Clara, Calif., February 14, 2006 – The Walt Disney Company (NYSE: DIS), Cisco Systems and Intel Corporation, through its leading investment arm Intel Capital, today announced they have invested in MovieBeam, Inc., a newly formed digital entertainment venture. The series A financing round, worth a total of $48.5 million, includes additional investment from tier-one venture capital firms the Mayfield Fund, Norwest Venture Partners and VantagePoint Venture Partners. MovieBeam is...
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