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Tag: INTEL

Intel acquired Ascending Technologies

Understanding that drones, also referred to as Unmanned Aerial Vehicles (UAVs), are quickly emerging as an important computing platform of the future, Intel acquired Ascending Technologies, a drone company located in Krailing, Germany, with best-in-class drone auto-pilot software and algorithms. As Josh Walden, Senior Vice President and General Manager of Intel’s New Technology Group stated: […]

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Intel Capital invested $22M in 10 startups!

Intel Capital, the venture arm of Intel announced that it closed new investments of 22 million dollars across 10 startups. At the same time, executives of the tech giant said that it would invest at least 500 million dollars in total this year! It must be noted that during 2014 the total investments of Intel […]

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Swedish iZettle raised €60M

iZettle, a startup from Sweden that makes credit-card readers that turn mobile devices into portable teller machines, raised an additional amount of 60 million euros in order to launch a new service that offers cash advances to small businesses!

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