Intel invests 40 million in technology to cloud computing makers

On the morning of April 25, Intel Investment announced today that it will inject 40 million yuan into the Beijing Direct Real Technology Co., Ltd. ("Direct True Technology"), and the two sides have not disclosed more financial details.

Intel says investing in straight-forward technology is mainly about the fundamental change in the future of cloud computing, as Intel invests in building software and service ecosystems as the industry transforms.

Intel provides industry-leading architecture and software technology to meet the rich computing needs of enterprise users and individual users in a networked environment where data explosion growth and management complexity ComStar, said Kostas Katsohirakis, vice president of Intel Corporation's software and services division.

Direct technology is a service management software and services market that provides telecommunications and IT operations management software products and solutions, and extends to the domestic public cloud and private cloud infrastructure.

Arvind Sodhani, the global president of Sodhani, said in a recent media interview that Intel's investment in China would not slow and that the amount of investment this year would be roughly the same as last year.

It is reported that Intel investment this year will continue to focus on network consumption, E-commerce, cloud computing, software services, data centers and mobile devices and other areas of investment opportunities, the investment cycle will still be 5-7 years.

Last year, Intel invested in a total of 13 Chinese companies, with a total investment of 90 million U.S. dollars, including a luxury shopping platform-Jiapin network, the arcsoft of the Business department store, the cloud Computing Company Innovation Division (UIT) and the multimedia software provider, etc. Since entering China in 1998, it has invested more than 100 technology companies in China, with a total investment of more than 650 million U.S. dollars.

Intel investment has already set up two technology funds in China, with a total scale of $700 million, of which China Technology Fund II was established in April 2008 with a scale of $500 million, and has invested more than 30 innovative Chinese technology companies. (Loliang)

(Responsible editor: The good of the Legacy)