Intel’s (NASDAQ:INTC) $62 Million Investment Extravaganza Supports UAVs to Eye-Trackers

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Intel Corporation (NASDAQ:INTC) has always remained a front runner in encouraging and supporting the budding entrepreneurs. The world’s leading microchip maker has once again raised the flag ship with new additions to its diverse portfolio for venture capital. Today, Intel capital executives have made specific announcement that they would invest $62 million in 16 up-coming companies. These companies are developing and manufacturing products including aerial drones and eye tracking technology for augmented-reality wearing glasses and helmets on the other end.

Intel Capital’s head, Arvind Sodhani has once again laid emphasis on Intel’s (NASDAQ:INTC) vision of diversification. He stated that his ambition was to undertake investments in a wide range of technologies from wearable and data analytics to Internet of Things including everything falling in between like silicon, PCs, smart devices, data centers and the Cloud.

Intel (NASDAQ:INTC), which had a modest and humble start in the 1990s, has now been able to build up one of the most organized and largest operations with venture investing available to any big industrial firm. Getting into the figures, in excess of $10 billion has been invested by Intel in small enterprises to date. These also include the ones showing extraordinary performance like Broadcast.com, Netscape, Verisign, and Akamai. Even though the trend depicts that Intel has mostly supported those upcoming companies which have strived to create substantial new markets for its microchip industry but it cannot be taken as a hard and fast rule. There are living examples where venture capitalists of Intel have even invested in many captivating budding companies having weak association with Intel’s core microchip businesses.

When you look at the latest investments of Intel (NASDAQ:INTC), you will find a classical example of truly diversified portfolio taught only in text books. Intel’s investment groups are new devices and wearable technology, mobility and wireless, big data and cloud infrastructures, and microprocessors.

In wearable technology and new devices, Intel is investing in Avegant of Redwood City, California which manufactures a mobile personal theater known as Glyph utilizing a micro mirror display with embedded premium audio. Then there is Braigo Labs of Palo Alto, California which manufactures a Lego Braille Printer. Beside these Everfluence of Reno, Nevada is also on the list that has created technology for eye-tracking for head-mounted displays with augmented reality.

Under wireless group and mobility, Intel (NASDAQ:INTC) is supporting AnDAPT and Incoming Media of Santa Clara, California; Audyssey of Los Angeles; Inrix of Kirkland, Washington; Israeli Screenovate Technologies; and Thundersoft of Taiwan and China.

For cloud infrastructure and big data, Intel puts its money on a Raleigh, North Carolina firm PrecisionHawk which make use of small UAVs coupled with cloud-based software that acquires data for civil industries. Moreover, Stratoscale of Israel, Gigya of San Francisco; Prelert of Framingham, Ma and PilotTV of Taiwan are also getting Intel’s support.

While in microprocessors, Intel (NASDAQ:INTC) is financing NetSpeed Systems from Mountain View, California offering a design platform with system-on-a-chip. Along with Canada’s Reno Sub-systems manufacturing chambers that are vacuum-based to deposit and etch special materials.

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