Intel Capital Invests $30 Million in 4 U.S. Tech Companies
Intel Capital, Intel Corporations global investment organization, today continued its strong commitment to fostering entrepreneurship in the United States with the announcement of four investments totaling over $30 million. The deals include Moab unified automation intelligence technology provider Adaptive Computing; analog IC physical design software developer Ciranova; cloud computing infrastructure and services provider Joyent; and energy software and services provider Nexant.
Nexant, Inc. (San Francisco) provides intelligent grid software and clean energy solutions that advance electric power grid and alternative energy technologies and services. Nexant solutions span the entire energy value chain from production to consumption. The companys energy software and services are used by Fortune 500 companies, utilities, transmission and distribution system operators, chemical and petroleum majors, financial institutions, government agencies and development banks. With the ever-increasing energy consumed in data centers worldwide, Intel Capitals investment will be used to expand Nexants software and services presence in IT and data center efficiency.
Comments are closed.