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: […]
The goal to raise $300 million in order to invest in Israeli technology companies and at some point list them on the Nasdaq Stock Market, is set by Eucalyptus Growth Capital, a new investment fund. The fund, which is co-managed by David Perlmutter, former Chief Product Officer of Intel, Rami Hadar, former CEO of Allot Communications […]
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 […]
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!
Mirantis, the pure play OpenStack Company, announced a strategic technology and investment collaboration with Intel.
