Intel Capital recently announced its $40 million worth of investments in ten Asian companies. The investments include eight in companies from China, India, Japan and South Korea, as well as two planned in Taiwan.
“Technology adoption and innovation is an accelerating global phenomenon, and Asian entrepreneurs from both mature and emerging markets are on the cutting edge of this trend,” said Intel Capital president Arvind Sodhani. “These ten companies offer unique technology- from remote security solutions to interactive cloud-based services- that enhances productivity, security and the online experience for consumers and businesses around the world.”
The investments were announced at the 12th annual Intel Capital Global Summit in Huntington Beach, California. The summit, formerly known as the CEO Summit, hosts more than 900 portfolio company CEOs each year, as well as corporate technology decision makers and industry leaders from across the globe.