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Intel Invests in Four U.S. Technology Companies

Loose bills of multiple=Intel Capital, the investment arm of Intel Corporation in Santa Clara, California, today revealed four investments totaling more than $30 million to growing technology companies in the U.S. The four companies represent the clean technology, cloud computing, and semiconductor manufacturing sectors.

Adaptive Computing in Provo, Utah provides intelligent automation software for high- performance computing, data center and cloud environments. Intel Capital’s investment will be used to expand Adaptive Computing’s global cloud computing business.

Ciranova in Santa Clara, California offers electronic design software that helps engineers implement mixed analog-digital integrated circuits in advanced semiconductor processes. The company’s products are used by other semiconductor companies to develop large-scale system-on-chip circuits for consumer and communications devices. Intel Capital’s investment will be used primarily to expand the company’s sales and customer support operations.

Joyent Inc. in Sausalito, California provides infrastructure-as-a-service and platform-as-a-service technologies, delivering billions of page views each month for thousands of customers worldwide. Joyent runs a major public cloud infrastructure, builds the technologies that power that infrastructure, and uses those technologies to enable multiple third-party public, private and hybrid clouds. Intel Capital’s investment will enable Joyent to expand its international operations and invest in open-source technologies. This is Intel Capital’s second investment in the company.

Nexant Inc. in San Francisco, California provides intelligent grid and clean energy solutions for electric power grid and alternative energy technologies and services that span from production to consumption. Nexant’s 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. Intel Capital’s investment will be used to expand Nexant’s software and services presence in IT and data center efficiency.

Intel Capital says all four investments come from its $200 million Invest in America Technology Fund that invests in U.S.-based growth-oriented industries.

Photo: borman818/Flickr

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