Posts Tagged ‘Intel’
Tuesday, June 11th, 2013
People have said they would rather give up sex than lose their smartphone and we know folks equally attached to a tablet computer. So a new app from McAfee and Intel that offers protection against lost or theft of mobile devices may do well.
The app, called Smart Perimeter, thwarts this activity by creating a perimeter that allows devices to track each other and alerts the user immediately when their Android smartphone or tablet moves out of the pre-defined range created among devices.*
The Smart Perimeter feature, created jointly by Intel and McAfee, solves challenges associated with multi-device growth.
The McAfee Mobile Innovations app is a free application that is available today in the Google Play marketplace https://play.google.com/store/apps/details?id=com.mcafee.mmi&feature=search_result#?t=W10.
According to recent research, 60% of US consumers own a smartphone and 39% own a tablet, and half of consumers say they would rather lose their purse or wallet than their smartphone. Despite that fact, a mere 20% of multiple device owners have security software on their smartphones and even fewer (13%) have security on their tablet.
“The McAfee Mobile Innovations app will help us to obtain users’ input on device and web security, as well as strengthen anti-theft and privacy measures to protect personal data,” said Lianne Caetano, director of consumer mobile product marketing at McAfee.
The suite of capabilities in McAfee Mobile Innovations app today addresses a variety of threats to users on mobile devices. Features include:
- Smart Perimeter – Prevents theft or loss of consumer devices by creating a perimeter that can enable devices to track each other and alerts the user immediately. By linking multiple devices together, users are alerted when they are separated by more than 30 feet via an alarm helping consumers to quickly identify and recover their devices.
- Safe QR Code Reader – Ensures QR codes are safe for browsing and alerts users of malicious codes at the point of scanning.
- Data Vault – PIN protects private photos, videos and documents from prying eyes, locally on devices (Note: The app user will be prompted to download McAfee Mobile Security — to use the data vault feature – no purchase is required).
The McAfee Mobile Innovations features are currently in public beta in English and will allow users to test and provide feedback via email or community forum to the McAfee Mobile Security team in order to shape and enhance future versions of the app.
Tuesday, February 19th, 2013
Which venture capital firms had the most private tech company exits in 2012? PrivCo has just released rankings of the Top 20 Venture Capital firms, based on the number of exits their portfolio companies made last year.
Santa Clara-based Intel Capital tops the list. Ranked just behind it were Felicis Ventures (Ranked #2) & SV Angel (Ranked #3).
Mark Rostick, director of East Coast investments for Intel Capital is among the more than two-dozen venture capitalists and investors participating in the upcoming Southeast Venture Conference in Charlotte, NC, March 13-14. See our interview with Rostick.
The Top 20 Most Successful Tech Venture Capital Firms of 2012:
(Ranked By Number of Private Tech Company Exits)
1. Intel Capital
2. Felicis Ventures
3. SV Angel
4. Sequoia Capital
5. First Round Capital
6. Battery Ventures
7. Draper Fisher Jurvetson
8. Greylock Partners
9. Ignition Partners
10. Google Ventures
11. True Ventures
12. Benchmark Capital
13. Lerer Ventures
14. Menlo Ventures
15. Polaris Venture Partners
16. Accel Partners
17. Bain Capital Ventures
18. Redpoint Ventures
19. RRE Ventures
20. Focus Ventures
To access PrivCo’s 350 page 2012 Private Tech M&A Industry Report:
Tuesday, October 23rd, 2012
IBM (NYSE: IBM) has been recognized for the second consecutive year as the greenest company in the U.S., according to the Newsweek 2012 Green Rankings survey, released today.
A panel of independent judges ranked major companies based on numerous criteria, including their environmental impact, environmental management and sustainability disclosure.
The survey is regarded as one of the most comprehensive analyses of environmental leadership, and IBM was one of 500 large U.S. organizations evaluated.
Other tech firms on the list include Microsoft, which charges each of its individual divisions a “carbon fee,” to make them minimize electricity use and air travel; EMC, Dell, Sprint, Intel, CA Technologies, and Invidia.
The report notes that IBM’S Smarter Planet products and services help clients measure and reduce their resource consumption while saving money. It points to a system developed at the company’s Zurich Research Lab, where water that cools a supercomputer is used to warm nearby buildings.
Wednesday, July 25th, 2012
Business leaders see the consumerization of IT – including greater employee input in IT provision, bring-your-own-device (BYOD) initiatives and workplace flexibility – as a way to generate additional employee productivity and loyalty.
However, while there is growing awareness among organizations that greater flexibility in employee technology choices can enhance productivity, the research also shows that organizations are still grappling with the security challenges and threats this can present.
So say findings from a multi-year research effort on “The Evolving Workforce” by Dell and Intel, which includes feedback from 8,360 workers worldwide and 29 interviews with global experts and senior business leaders.
With a shift towards increased technology choice and mobility occurring over the past three to five years, companies today are striving to better understand the value of creating IT infrastructures which support digitally savvy workers who do not adhere to 9 to 5 routines.
By increasing technology choices for the workforce, employees are able to select solutions that suit their preferences and therefore optimize their outputs. But as the report outlines, greater choice in technology and IT decisions gives rise to concerns around established workplace security protocols, namely security risks such as hacking and data loss.
“With today’s increasingly tech-savvy workforce and outcome-driven employees, companies have everything to gain from fully embracing the IT consumerization and mobility trend that is redefining the workplace,” said Adriana Karaboutis, CIO, Dell.
“Companies are realizing that by enabling employees to work from a location of their choice using their preferred technology, they are taking one of the single most important steps in motivating business productivity.”
Among the key findings of the report are:
- Technology choice leads to productivity: there is a growing awareness in the business community that companies can benefit from increased workforce productivity by allowing employees to have some level of choice in what technology they use and the degree of mobility they have. Depending on the individual organization’s circumstances, clear parameters around levels of choice need to be established. It is then that business leaders can better see how technology catered to individual working styles can create efficiency gains and optimize results.
- Productivity vs. traditional business concerns: companies are clearly trying to determine whether any increased productivity generated from greater technology choice among employees outweighs the associated risks. There is consensus among business leaders that the use of personal devices in the workplace exposes the company to increased security risks and potential data mismanagement. As well as the challenge of measuring productivity levels accurately, businesses are faced with the obstacle of “knowing what data is where and if it’s properly protected.”
- Changing attitude towards mobility: business leaders accept that the arrival of tablets, smartphones and cloud computing creates the need for companies to challenge themselves to be more mobile-led. Many experts believe that the convergence of applications across devices will foster an even more mobile dependent workforce in the future, meaning that businesses wanting to be more productive must first address legacy concerns in order to be mobile-ready.
- Employee transparency: the issue of transparency with employees regarding IT decisions that affect them presents a challenge for management, with business leaders noting that if any aspects of a company’s IT consumerization policy are hidden from employee view, they may backfire. They agree that being transparent with employees helps build trust and goes a long way in harnessing the productivity that businesses seek from new technologies and devices.
- Strategic innovation: in order to stay relevant in a fiercely competitive market and make strategic decisions about operational efficiency, most expert commentators believe that businesses should adopt a smarter, more mobile-centric and integrated approach to IT. This requires businesses to embrace the consumerization of IT with a considered approach and an open mind, working with technology partners to develop tailored solutions that meet the individual requirements of both the organization and employee.
Monday, June 4th, 2012
Atlanta startups are optimistic about their local economy.
Research released today by Dell and Intel reveals a bright local outlook for Atlanta and Miami startups and small businesses despite the tough broader economic environment.
The optimistic picture shows a favorable view of the local economy and local organizations supporting businesses as well as healthy expectations for growth.
“We must look past doom-and-gloom headlines and remain focused on strengthening local entrepreneurial ecosystems to support startups and small businesses.”
“The confidence of entrepreneurs gives us good reason for optimism, even while everyone worries about the national economy,” said Jonathan Ortmans, senior fellow at Kauffman Foundation and president of Global Entrepreneurship Week.
“We must look past doom-and-gloom headlines and remain focused on strengthening local entrepreneurial ecosystems to support startups and small businesses.”
The release of the Dell-Intel survey findings kicks off a nine-city Small Business Think Tank tour aimed at understanding the state of small business at the local level.
Through listening and dialogue, the research and tour will examine the prospects, perceptions and priorities of startup and small business owners in Atlanta, Miami, Boston, Chicago, Los Angeles, Philadelphia, San Francisco, Seattle and Austin over the coming months and help inform recommendations for the tools and resources they need to grow both at home, nationally and globally.
The events are hosted in collaboration with local chambers of commerce and national partners including Global Entrepreneurship Week and Startup America Partnership.
At the conclusion of the tour, Dell and Intel will publish a comprehensive report on the state of U.S. small business based on the quantitative and qualitative data gathered from the nine cities.
MIAMI AND ATLANTA SURVEY HIGHLIGHTS
- Growth remains the focus in the face of the tough economy. Nearly all startups and small businesses plan to grow (97 percent, Miami; 91 percent, Atlanta) and say growth is important (96 percent, Miami; 91 percent, Atlanta). Despite reporting challenges of growing a small business in today’s economic environment and worries about sustaining the success of their businesses, more than half plan to grow in the near-term (53 percent, Miami; 52 percent, Atlanta).
- Views of the outlook and support for small business generate greater optimism in the local economy. Most respondents are optimistic about their companies’ financial situations; they expect a better year (63 percent, Miami; 60 percent, Atlanta), sales outlook (74 percent, Miami; 84 percent, Atlanta) and growth opportunities (66 percent, Miami; 67 percent, Atlanta) next year. Compared with a 14.6 percent aggregate national approval rating for Congressional job performance reported by RealClearPolitics, they rate local elected officials much higher (49 percent, Miami, 64 percent, Atlanta).
- Limited hiring shifts the focus to technology as a growth driver, but the priority placed on talent suggests hiring on the horizon. Nearly half of small businesses stayed the same size over the past three years (44 percent, Miami; 45 percent, Atlanta), most are neither hiring nor firing (73 percent, Miami; 71 percent, Atlanta), and in the face of limited hiring, more than half expect growth will come by investing in technology (50 percent, Miami; 57 percent, Atlanta).
“We know small businesses are doing more with less and employing technology to be more productive, and this enables them to grow their businesses profitably,” said Mel Parker, vice president and general manager of Consumer, Small Office and Member Loyalty at Dell.
“The growth technology fuels promises to improve future hiring, especially since technology-savvy small businesses create more jobs than their counterparts.”
Monday, March 26th, 2012
Ultrabooks are the latest addition to the list of portable computers in the segment where Apple MacBook Air existed as a light weight, ultraportable, thin, high performance notebook which we see more and more often in the hands of business travelers.
Intel has specified the same physical specifications for Ultrabooks design with a price tag lower than the cheapest MacBook Air. Six players have already launched their Ultrabooks within 6 months of Intel’s announcement of Ultrabooks.
To date around 10 models of Ultrabooks are already present in the market. With the increasing availability of choices for the consumers and better affordable prices, the market is set to explode in the coming years.
Combined together the Global Ultrathin Portables market was around US$ 6.04 Billion in 2011. Smartphones have captured the biggest market share in the global computing devices market but are not directly competitive to Apple MacBook Air or Intel’s Ultrabooks.
According to the recently published report by TechSci Research “Global Ultrathin Portables (Ultrabooks & MacBook Air) Market Forecast & Opportunities, 2017,” the market for these light weight ultra portable notebooks will expand enormously in the coming years. Globally, the Ultrabooks & MacBook Air Market is expected to grow at a CAGR of 92 percent till 2017.
Apple is still perceived to be a luxury brand and Ultrabooks are not perceived to be a competition to the same.
However the entire market size of Ultrathin Portables will increase as more number of retailers enter the market and offer competitive products at competitive prices.
Personally, we would buy an ultrabook if the price were right. For anyone who travels a lot, though, the light weight ultrabooks might be a good buy even at higher prices.
This move is expected to decrease the average selling price which was around US$ 960 in 2011. Acer was the first player to launch an Ultrabook as per Intel’s specifications. Asus, Toshiba, Lenovo, LG & HP, followed the league.
Apple’s strategy of winning on profit margin instead of number of sales has restricted the potential buyers for its MacBook Air and thus, the market size. The Ultrathin Portables are expected to penetrate up to 61 percent by 2017 in the global computing devices market.
Tuesday, March 6th, 2012
Intel, Apple, and Cisco, provide the best product and relationship experience in the tech industry, according to a new research report published by Temkin Group, Tech Vendors: Benchmarking Product and Relationship Satisfaction of IT Clients, rates the experiences delivered by 60 large technology providers.
The research, which is based on a survey of 800 IT professionals from companies with at least $500 million in annual sales, examines how large enterprises rate IT vendors’ products and relationships.
Looking across the two key areas, products and relationships, Intel, Apple, and Cisco earned the highest average ratings. While the average rating across all 60 tech vendors was 50%, eight vendors fell below 40%: Compuware, Wipro, Capgemini, Tata Consulting Services, Unisys, Novell, Qualcomm, and SunGard.
“The research uncovered a wide range of experience delivered by tech vendors when it comes to both products and relationships,” states Bruce Temkin, author of the report and Managing Partner of Temkin Group.
To evaluate the relationship experience provided by tech vendors, Temkin Group asked IT professionals to rate the companies in four areas: cost of ownership, innovation, account team support, and technical support.
The vendors with the highest relationship ratings are Intel, Apple, Cisco, Google, Microsoft servers, and IBM IT services. The tech vendors that received the lowest relationship ratings are Compuware, Wipro, and Unisys.
To evaluate the product experience provided by tech vendors, Temkin Group asked IT professionals to rate the companies in four areas: ease of use, features, flexibility, and quality.
The vendors with the highest product ratings are Intel, Apple, Cisco, Microsoft business applications, Microsoft desktop software, Microsoft servers, Google, Oracle database software, Oracle business applications, and VMWare.
The tech vendors that received the lowest product ratings are Compuware, Capgemini, and Wipro.
Highlights from the eight evaluation criteria:
- Cost of ownership: Two tech vendors received ratings of 60% or higher - Google and Intel.
- Innovation: 16 tech vendors received ratings of 60% or higher, while four were above 70% - Apple, Intel, Cisco, andGoogle.
- Account team support: Seven tech vendors received ratings of 60% or higher, led by Apple, Intel, and Cisco.
- Technical support: Nine tech vendors received ratings of 60% or higher and only Intel is above 70%.
- Product ease-of-use: 13 tech vendors received ratings of 60% or higher and two are above 70% - Intel and Apple.
- Product features: 17 tech vendors received ratings of 60% or higher and two are above 70% - Cisco and Intel.
- Product flexibility: 12 tech vendors received ratings of 60% or higher and only Intel is above 70%.
- Product quality: 17 tech vendors received ratings of 60% or higher and four are above 70% - Intel, Apple, Cisco, andAdobe.
This report can be accessed from the Temkin Group website at http://www.temkingroup.com or from the blog, Customer Experience Matters, at http://experiencematters.wordpress.com.
Tuesday, January 24th, 2012
Intel Ultrabooks displayed at CES
A new report from analyst firm Juniper Research forecasts that shipments of Ultrabooks will grow at three times the rate of tablets over the next five years. However, tablets volume will remain higher, with 253 million shipped in 2016, compared with 178 million Ultrabooks.
Biting Back Against Apple
The report finds that while vendors have quickly responded to Apple’s launch of the iPad with an array of competing products, the industry has been slow to respond to 2008′s Macbook Air; leading vendors only launched the first Ultrabooks — a new category in mobile computing driven by the world’s largest semiconductor manufacturer, Intel — in late 2011.
Balancing the Ultrabook Load
While the market is bursting with new products post-CES, a number of challenges remain for the industry. As we have seen in the tablet market, without products which are significantly differentiated from those of Apple in terms of price and features, gaining traction for its competitors is a difficult value proposition. Furthermore, Intel’s Ultrabook specs bring their own challenges.
According to report author Daniel Ashdown: “While Intel’s control of the brand ensures that Ultrabooks stand out from traditional notebooks, vendors face a balancing act in terms of product strategy. Meeting Intel’s specification secures brand status and funding, but the step-change from notebooks means many of today’s Ultrabooks are too expensive for many consumers.”
Other key findings from the report include:
- Flash-based storage — behind many of the enhancements in Ultrabooks — provides superior performance, which comes at a price, but vendors will need to augment solid state drives with hard disk drives or cloud storage in the long term.
- Windows 8 will play a pivotal role in driving Ultrabook adoption, with extended battery life, always-on-always-connected and other functionalities coming with Microsoft’s next OS.
- Netbooks shipments will comprise just a third of today’s volumes by 2016, as tablets and low-cost, but superior performance notebooks continue to cannibalise this short-lived segment.
The Ultrabooks whitepaper is available to download from the Juniper website together with further details of the full study.
Tuesday, October 18th, 2011
Super angels,” individuals who invest significant amounts of their own money in start-ups year after year, have the appetite and the capacity to put hundreds of thousands or even millions of dollars into single deals.
They make rapid investment decisions. They leverage the contacts of enormous personal networks and base much of their diligence on their own expertise.
Super angels may also influence entrepreneurs’ expectations in such a way as to push angel groups to speed up decisions and increase investment size to continue to attract the better deals.
Such are the initial findings of an ongoing Angel Resource Institute (ARI) research project that explores the influence and impact of super angels on entrepreneurial innovation and angel investing.
A catalyst for innovation
“As angel investors have become significantly more professional, organized, and easier to ‘see,’ there is no doubt that angel investing has been, and will continue to be, a catalyst for innovation,” says Richard Sudek, chairman of the ARI research committee and chairman Emeritus of the Tech Coast Angels.
“This study further clarifies the different types of angel investors and their activities with a detailed focus on the impact of those extremely active angel investors commonly referred to as super angels.”
Over the last eighteen months, Allan May, chairman and founder of Life Science Angels; Dr. Robert Wiltbank, professor of Strategy at Willamette University, and Dr. Sudek, interviewed super angels who have invested $5 to $100 million directly in between eight and ninety new ventures each. The super angels interviewed averaged about thirty angel investments per individual and came from diverse geographies.
“Super angels are not a new phenomenon. They have been around from the start of main-stream early stage investing in the late seventies and early eighties, if not earlier,” says Mr. May.
Major players in most tech sectors
“They have been major players in most technology sectors, such as semiconductors, software, biotechnology, and medical devices. These angels backed companies like Google, Twitter, A123, Amgen, AutoCAD, Intel, Apple, National Semiconductor, Guidant, and Teledyne when they were barely companies,” Dr. Wiltbank says.
As uniquely active investors with the capacity to support a company further along the growth path, super angels, like venture capitalists, are able to attract great deal flow in the silos of their expertise.
“Commonly when one mentions super angels, thoughts lead to high-tech investors from Silicon Valley,” says Dr. Sudek.
“However, super angels are found throughout the country and not just doing high-tech. We found serial investors who make large angel investments year after year from the East Coast, Northwest, and Southwest, as well as in California. Most all of these super angels have built companies themselves, which is typically what produced their original capital for investment.”
Wide variety of investment strategies
The ARI project team observed super angels applying a wide variety of investment strategies, from “broad and thin,” characterized by investing in many ventures but rarely making a follow-on investment, to “co-founding” or starting a venture with 100 percent ownership, to “deep dive” where the super angel had extensive sector expertise and the specific industry network to leverage talent, strategic partnerships, customer relationships, and the startup’s exit strategy.
“Some super angels we interviewed had invested more than $10 million into one company,” says Mr. May. “This capacity allows them to be very patient and work with uniquely capital inefficient companies all the way to an exit.”
While not all super angels interviewed invested a lot of capital into a single company-study respondents ranged from $50,000 to $10 million -the group did show a rather extreme commitment to invest within the sector in which their initial fortunes had been made. This was particularly true of Silicon Valley-based super angels. For entrepreneurs, the sector where a super angel has invested before looks to be a fairly reliable predictor of where the super angel will be interested in investing next.
Big passion required, no quiters, no jerks
“When asked what they had learned from their investments, without prompting, and without hesitation, every single super angel stated that they were much better at reading people and understanding the risks and potential that the individuals and team dynamics bring to the mix,” Dr. Wiltbank says. “Their position on people was quite common: big passion required and absolutely ‘no quitters, no liars, and no jerks.’”
Sharing an investing landscape with super angels, angel groups can benefit from creating a collaborative network that can process investment decisions more quickly. Sidecar funds, funds that invest alongside an active group of angels thus increasing the investment size, may become more important in keeping an angel group relevant to great entrepreneurs, particularly in localities where super angels are active.
“This research is continuing,” says Dr. Sudek. “We are still evaluating the different ways super angels’ social networks influence their investing, their specific decision rules, and their practices for involvement after the investment.”
Tuesday, June 14th, 2011
The CEOs on the President’s Job Council “must know what they’re doing, right?” asks Bill Gunderson, president of Gunderson Capital Management Inc. and host of the “Positively Wall Street,” radio show in San Diego. Gunderson says a handful of the CEOs the President chose for the council are not representative of what the country needs right now.
The President met with his Jobs Council in Durham, North Carolina Monday amidst much hoopla. But, Gunderson points out that six of the CEOs have been slashing jobs the last few years.
For instance: General Electric CEO Jeff Immelt, chair of the council, has slashed GE’s job rolls by 20 percent since 2000; Intel, led by council member Paul Ottellini, shed 21 percent of its U.S. workforce in the last five years. GE, Gunderson notes, “returned minus 6.6 percent to its investors over the last ten years.”
What’s Citigroup doing in there?
Of other firms on the council, he says, “Southwest may be a good airline, but it lost 4 percent a year for the last ten years. Eastmann Kodak has been diving 20 percent a year for ten years. Citigroup recieved one of the biggest bailouts in history. Not sure what they’re even doing in there.”
Not only that, “The council members who used to be CEOs at AOL and Time Warner made business history by engineering the worst merger in history.”
We should note in former AOL CEO Steve Case’s favor that he has actively invested in and supported numerous startups since leaving AOL.
Still, Gunderson has a point. President Obama has often taken advice from the same Wall Street honchos who played roles in getting us into the economic mess of the last several years. The advice he’s received and the actions he’s taken may have prevented economic meltdown, but they have not given the economy the real boost it needs, nor created nearly enough jobs.
A few firms Gunderson would prefer to see on the council?
How about Autozone (AZO) or Apple (AAPL) or Priceline (PCLN), all rated “A” in his proprietary system, he asks.
Lots of good companies, good people, but not on the council
He tells TechJournalsouth, “I’ve rated Quality Systems Inc. as one of the Best Stocks Now in the country. Over the last ten years, it has returned an average or 38.4% per year to its owners. Including 47.4 in 2008, when the market went down 38 percent. Led by one of America’s best CEO’s, Steven Plochocki, they are decreasing the cost of healthcare by automating records. Over the last five years, they have gone from 661 to 2000 employees.”
He adds, “At Tractor Supply, CEO Jim Wright is hiring 1000 people a year to work in his stores, many selling organic farm supplies to city slickers. His stock is returning 41 percent a year in growth and dividends for the last 10 years. Harold Hamm runs Continental Resources, an oil and gas exploration and production company. Over the last three years, Continental has hired 15,000 people in North Dakota. They are looking for more.”
Gunderson says that of the 2,700 stocks he covers, 10 percent are investment grade.
“That’s a lot of good people from good companies, but none is on the president’s job commission.
See also: Bill Gunderson’s Instablog
Monday, January 31st, 2011
WASHINGTON, DC - Intel Capital says it has joined President Obama’s Startup America campaign to strengthen entrepreneurship in the United States. As part of this partnership, and in conjunction with its ongoing Invest in America initiative, Intel Capital, Intel Corporation’s global investment organization has pledged to invest another $200 million in American technology companies and joined the campaign’s board of advisors.
“Intel is dedicated to creating a culture of investment in the United States that supports American startups and the country’s future competitiveness,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “We are pleased to join the Administration in the effort to help new businesses succeed in the United States and consider this partnership an important opportunity to promote education, innovation and entrepreneurship to maintain a globally competitive economy.”
Dan Primack,whos does a daily venture deal “Term Sheet,” newsletter, formerly with PEHub and now with Fortune, scoffs at this being considered an “important” announcement, responding, “Yawn.” Primack says, “Isn’t that what Intel and VC firms do already?”
“Startup America” is a White House campaign to celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs.
Intel Capital’s new $200 million commitment comes almost a year after the launch of the Invest in America Alliance, an Intel led initiative supported by many leading venture capital firms and corporations aimed at further anchoring the nation’s competitiveness on the global stage. As part of the Invest in America Alliance, which was announced in Feb. 2010, Intel committed to invest $200 million over two years in U.S.-based growth-oriented industries through its Invest in America Fund. Intel Capital met this original commitment in less than a year.
The Intel Capital Invest in America portfolio companies are addressing areas on the forefront of technology innovation from distributed energy resource management and cloud platform technologies to educational gaming and dynamic mobile video optimization. As these companies grow and create the next breakthroughs in technology innovation, they serve as a strong example of how private sector efforts can complement state and federal programs to foster fast growing, emerging industries with high job creation potential.
Intel believes a culture of investment is essential to keeping the U.S. on the leading edge of technology innovation and stimulating economic activity. Last week, Intel announced plans to invest $100 million directly into U.S. university research over the next 5 years.
Intel Corporation is engaged with a number of university research centers to focus on projects in select technology areas that align with the company’s research agenda including visual computing, mobility, security and embedded solutions.