The 13th session of the Intel Investment Summit announced 10 new transactions, the total investment of 40 million U.S. dollars

10 executives of Intel's newly announced investments

Beijing time October 3 Morning News, Intel Executive vice president and Intel Investment President Sodhani (Arvind Sodhani) announced today at the 13th session of the Intel Investment Summit 10 new transactions, the total investment of 40 million U.S. dollars. These include the Silicon Valley cloud storage services start-up company Box and two Chinese companies in the Victoria Technology and leisurely village.

Intel investment is Intel's global investment and Acquisition agency, which invests in capital investments in technology companies and start-ups around the world, including enterprise-class, mobile, healthcare, consumer Internet, digital media, semiconductors and clean energy. Each year, Intel invests in a summit of corporate executives, investment companies, partners, sponsors and media to provide opportunities for more growth opportunities for investment companies.

Long-term investors

This year's Intel investment Summit continued at Huntington Beach, California (Huntington Beach). Speaking at the summit, speech recognition is an important technology trend in the future, all devices will be equipped with speech recognition technology, and can distinguish various languages and Sodhani. He was at the scene using the Intel Ultra-polar book shows the speech recognition technology developed by Nuance, which can open the Web page, play multimedia content and search the Web page by voice on the computer dragon. In order to enliven the atmosphere of the venue, Sodhani with voice instructions to open the recent hot Dance of South Korean singer Psy singing "Jiangnan style", and in the scene to jump Psy red all over the world riding dance.

Sodhani announced at the summit that Intel investment has invested more than $250 million trillion in 45 companies this year, with 22 investing outside the US, which accounts for 58% of the investment. Intel has also withdrawn from 26 investments this year, with 7 companies offering initial public offerings and 19 companies being bought and merged.

With current investment projections, Intel invests about $330 million trillion this year. Last year, Intel invested $530 million trillion in 158 companies, and 51% of the money was invested outside the US. Intel invested in 2010 and 2009 in total investment of about USD 330 million.

"Our investments are global and are very patient long-term investors," Sodhani said. Unlike ordinary VCs, Intel invests entirely in Intel, which is primarily for Intel's big strategic development. "Because of this, we are able to help our companies grow with Intel and not rush to invest and withdraw," Sodhani explained.

Speaking of the current global economic impact on investment, Sodhani said: "There are ups and downs in economic growth, but innovation will not stop, investment is to foster the mother of entrepreneurship." "Intel's investment is aimed at conducting and managing financially attractive investments and acquisitions and driving Intel's overall strategic objectives," he said. Since 1991, Intel has invested more than 10.7 billion dollars in 1257 companies in 53 countries and regions. Of these investments, a total of 201 invested companies were listed, and 308 companies were bought and merged.

10 New investments

Sodhani also announced 10 new investment deals at the summit, with a total investment of $40 million, including the Silicon Valley cloud services start-up box. The box, founded in 2007, provides a secure and convenient cloud storage platform for corporate users, which can be accessed via desktops, tablets and a variety of smartphones (IPhone, Android, and Windows Phone) and integrates with enterprise applications.

Box and Dropbox are the most well-known two cloud storage start-ups in Silicon Valley, Dropbox mainly for the consumer market. Two companies provide a free portion of their storage space, and users need extra space to pay. The box already has nearly 130,000 enterprise users, including 92% Fortune 500 companies, with a total of 12 million users.

Karen Appleton, Vice president of Box, told Sina technology that the amount and valuation of Intel's investment was Karen Apton, but with strategic investors like Intel, Box would have more opportunities for future development. According to media reports, Box has recently sought to finance $1.2 billion trillion of $125 million trillion in valuation, and plans to be listed as early as 2013, when valuations could reach 2 billion to 3 billion dollars.

In addition to box, the newly announced investment company includes India's largest digital entertainment company Hungama.com, the California Social Broadcasting Application company Jelli, the Korean social gaming company LIFO Interactive, the California Geographic Services company Neuaer, Brazilian Network payment Platform Pagpop, Washington State cloud services company Tier 3, and so on.

Two Chinese companies

Of the 10 new investment deals, there are also two Chinese companies in the Victoria-Tech and Yoyo village. Both of these investments are from Intel Investment China Technology Fund II, which aims to look for technological innovation and business model opportunities in the digital media and mobile internet sectors. In 2005, Intel invested in the establishment of the first China Technology fund with a total of USD 200 million. The second fund was established in 2008 with a total of USD 500 million. The fund is mainly engaged in new software and hardware development and service of Chinese technology companies.

In emerging markets, Intel's investment in China ($ 700 million trillion) far exceeds that of Brazil (USD 50 million), India (USD 250 million), the Middle East and Turkey ($ 50 million) and other regional markets. Since 1998, Intel has invested more than $650 million trillion in investment in more than 100 Chinese technology companies, involving mobile internet, cloud computing, digital media, digital healthcare and consumer Internet. Among them, well-known investment cases include Sohu, Jinshan, Phoenix New media and so on.

The technology mainly provides video games, by working with Game studios and telecom operators, and by using Internet TV, smart TV and cable TV to push the content of the game on ordinary home TV. The core business of leisurely village is to provide mobile advertising service based on Internet.

"The digital media environment is changing rapidly and new patterns of consumption are emerging," said Xusheng, managing director of Intel Investment China. In order to meet the changing needs of consumer experience, it is essential to build a healthy industry ecosystem. The technology and the long village play an important role in this ecosystem, which reflects Intel's determination to invest in China's technological innovation and industry development.

(Responsible editor: The good of the Legacy)