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Intel invests in digital home development
www.chinaview.cn 2004-04-22 07:36:38

    LOS ANGELES, April 21 (Xinhuanet) - Intel, the world's biggest chip maker, said on Wednesday that it has made investment in four companies developing technologies for the digital home.

    The chip maker said it made the investment through its venture investing arm, Intel Capital, in four companies focusing on consumer electronics networking and wireless ultra-wideband technologies, including Digital 5, Staccato Communications, Trymedia Systems and Wisair.

    Intel expects their technologies to help solve problems that are hampering the exchange of games, music and video between multiple home entertainment devices.

    Intel said the money came from its 200 million US dollar Intel Digital Home Fund it established in January. But it did not disclose how much it had invested in any of the four companies.

    "The Intel Digital Home Fund investments we're announcing todaysupport Intel's initiatives to enable people to enjoy digital content - including music, games, photos and video - on multiple devices in the home and beyond," said John Miner, president of Intel Capital. "These four companies' technologies help solve key interoperability, bandwidth and distribution issues."

    He said Intel Capital's top investment priorities for this yearare related to communications infrastructure, the digital home, modular computing solutions for IT departments, and wireless mobility.

    Prior to launching the Intel Digital Home Fund, Intel Capital had invested in several digital home-related companies, including BridgeCo, Entropic Communications, Musicmatch Inc. and Zinio Systems Inc.

    Intel Capital invests in hardware, software and services companies in several market segments, including computing, networking, and wireless communications. Enditem

    

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