Intel Invests in Gaikai Cloud Video Game Streaming Service

Intel Capital invests $24 Million in Seven Software Companies

by Anton Shilov
09/09/2011 | 04:12 PM

Intel Capital global investment organization on Friday announced seven investments to drive continued innovation across the software ecosystem. The deals total over $24 million and include new investments in various providers of cloud-based services, including Gaikai, a video game streaming service.

 

The seven companies have developed innovative technologies related to key initiatives of Intel's software strategy. Recognizing that software is tightly coupled with, and a vital element of, all Intel platforms and processors, Intel provides software products and services, design resources, technical expertise and consulting worldwide. Intel helps create the best platforms for delivering captivating user experiences and Intel Capital's efforts support software ecosystem development that help drive this strategy.

"The best computing experiences unite leading-edge hardware with amazing software. These investments in best-of-breed software vendors play an integral part in Intel's software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem,” said Arvind Sodhani, president of Intel Capital.

The following is additional information on the new portfolio companies and their strategic engagements with Intel: