techPowerUp!: (PR) Intel Capital Unveils $65 Million in New Investments

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(PR) Intel Capital Unveils $65 Million in New Investments Oct 23rd 2013, 03:06, by btarunr@techpowerup.com (btarunr) Intel Capital, Intel Corporation's global investment and M&A organization, is announcing investments in 16 new technology companies totaling $65 million. Spanning nine countries, the investments will help drive innovations in the cloud, datacenter, mobile technologies and consumer-related services. Announced at the 14th annual Intel Capital Global Summit held in San Diego, the new investments are part of Intel Capital's mission of cultivating global innovation by providing entrepreneurs with the resources necessary to scale from startup to global corporation level. Designed to create growth opportunities for Intel Capital portfolio companies through structured networking, the Intel Capital Global Summit includes a full agenda of keynote presentations, expert panels and more than 2,000 targeted meetings between portfolio company CEOs and key business executives. Portfolio companies attending past Global Summits have gone on to sign business deals with leading corporations across a wide range of industries. Read full story

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