K2 Network Secures $16M in Series B Funding Led By Intel Capital
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K2 Network, Inc. (www.k2network.net),  an online game publisher, today announced that the company has closed a  $16 million Series B round of venture capital led by Intel Capital, the  investment arm of Intel Corporation.
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BANGALORE, India - Intel Corp. said Friday (Nov. 19) it is considering additional investments in the tens of millions of dollars to expand its research and development efforts in India.
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SAN FRANCISCO - Intel Corp. will work with Clearwire Corp., a wireless Internet service provider founded by cellular pioneer Craig McCaw, on future networks based on WiMax wireless broadband technology.
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P has announced that it will invest more than $3 billion over the next three years on its Intel Itanium 2-based HP Integrity servers to gain market leadership.
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The telecommunications company announced on Tuesday a share buyback program worth nearly $16 billion and its biggest-ever dividend increase.
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The world's largest chipmaker Intel sees profits rise 15% to Â£1.9bn thanks to strength in its personal computer business.
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(InfoWorld) - Intel plans to invest $40 million in Neusoft Group as part of a deal that will see the Chinese software vendor optimize its products for Intel microprocessors. The deal, announced Tuesday, marks the largest investment to date made by theÂ $200 million Intel Capital China Technology Fund, Intel said. The deal is subject to regulatory approval, it said. Based in Shenyang, Neusoft runs one of China's largest IT training programs and provides outsourced software-development services for embedded applications, counting a large number of Japanese companies among its clients. In addition, Neusoft offers its own range of software products, including business management and human resources applications. In addition to the announcement of Intel's investment in Neusoft, the two companies announced an agreement that will see the companies cooperate more closely. Under the terms of that agreement, Neusoft and Intel will jointly develop the curriculum for a university-level education and certification training program for Intel architecture and tools. The curriculum of the program will focus on several industries, including manufacturing, medical equipment, home appliances and control systems, as well as other embedded applications. Intel is not the first multinational vendor to team up with Neusoft. Earlier this year, SAPÂ Â took a minority stake in NeusoftÂ as part of an agreement to expand the cooperation between the two companies. SAP did not disclose the size of its investment in Neusoft. Established in 2005, the Intel Capital China Technology Fund is the first created by Intel to specifically invest in Chinese technology companies. Other companies that the fund has invested in include Campus Media, which runs an advertising network in university cafeterias across China; chip-designer Montage Technology Co.; Star Softcomm, which designs PC management software; and Winking Entertainment, a developer of software for 3D online games.
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Late yesterday afternoon, Intel announced it plans to invest as much as $1.5 billion in the retooling of its Fab 11X production site in Rio Rancho, New Mexico, so that it can produce 45-nanometer CPUs with its newly announced high-K + metal-gate transistor refinement technique during the second half of next year.
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Investors give funding to storage company specializing in online user-generated media to expand B2B delivery service.
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Intel will invest about $219 million for a stake in VMware and a seat on the board of the Silicon Valley software company.
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AT&amp;T, the US telecoms group, and a team of subcontractors have won a contract valued at up to $1bn to design, build and manage a secure IP-based global network for the US government
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A consortium led by a Japanese telecom and backed by Intel will receive one of two WiMax licenses to be awarded by the Japanese government.
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Intel is at work on a $2 billion upgrade to one of its two Arizona factories, as the world's largest chip maker attempts to safeguard its lead in manufacturing from resurgent rivals and put recent costly missteps behind it.
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Intel&#39;s venture-capital arm has invested in Nirvanix, a San Diego start-up company that offers a scalable online storage service.Intel Capital said Wednesday it had invested an undisclosed amount in Nirvanix, which in turn expects to benefit from access to technologies that can improve its service and expand the number of storage nodes it owns.At the heart of its service is an API (application programming interface) called Nirvanix Web Services that allows developers to incorporate the online storage service in their applications, and can be used by companies to store application data. That service charges customers a monthly rate of $0.18 per gigabyte of data that is stored or transferred. The API allows developers to control the amount stored and the bandwidth made available to the application.In addition to Intel Capital, Nirvanix investors include Mission Ventures, Valhalla Partners, and Windward Ventures.
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Hoping to accelerate the deployment of a new wireless technology, Intel Corp. announced Monday it's invested in a venture started by billionaire Craig McCaw to deliver high-speed Internet service over the airwaves.
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IRVINE, Calif., Dec. 12  /PRNewswire-FirstCall/ -- Gateway, Inc., the nation's third-largest PC company, has signed a $2.2 million contract to provide Kansas City Kansas Unified School District with more than 1,000 of its award-winning Profile all-in-one desktop PCs.
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SAN FRANCISCO -- Intel Corp. expects its first-generation WiMax chips to spawn devices for wireless broadband end-users that cost less than $200 and won't require a visit by a service provider, a company executive said Tuesday.