Intel invests USD 67 mln in 8 Chinese tech companies

Nieuws Algemeen China 17 SEP 2015
Intel invests USD 67 mln in 8 Chinese tech companies

Intel Capital has invested USD 67 million in eight Chinese technology companies. The companies are 99cloud, Bluebank, Hampoo, Ninebot, Nuovo Film, PraFly, and AWcloud. In addition, Intel Capital has signed an investment agreement with Telink. The investments were made across industries such as smart devices, robotics, Internet of Things (IoT), cloud, big data and data analytics. These investments celebrate 30 years of Intel in China.

99cloud provides OpenStack-based services and OpenStack operation support and professional education and certification. The company’s services include front-end optimization, core framework optimization, backend optimization and hyper-converged AIO solutions. Bluebank Communication Technology is an ODM in mobile devices in China.

Bluebank develops smart devices (smartphones and tablets) and software applications for local and global brands.

Shenzhen Hampoo Science & Technology provides one-stop service and smart device services including PCB design, PCB production, PCBA and component sourcing. Hampoo’s products are used by over 3,000 customers from over 30 countries in the industries of IoT, telematics, tablet PCs, Industry 4.0, telecommunications, healthcare, automotive, industrial control, e-education and security surveillance.

Ninebot specializes in the R&D, production, sales and services of intelligent, short-distance personal transportation equipment, including unicycles, two-wheel self-balancing vehicles and other smart personal transportation robotics products.

Nuovo Film develops, manufactures and markets transparent conductive silver nanowire film and its applications in Capacitive Touch and 3D Force Touch.

Shenzhen PraFly Technology (PraFly) develops intelligent robotic system solutions and high-end control system solutions focusing on core intelligent system technologies, robotic applications, network maintenance and security.

AWcloud Technology provides enterprise OpenStack Cloud solutions for customers from industries such as oil, power, coal, education, healthcare, research institutions, new media, IDC and others.

Telink is a fabless IC design company, which develops integrated low power radio-frequency and mixed signal system chips for Internet of Things (IoT) applications.

Since 1998, Intel Capital reports it has invested over USD 1.9 billion in 140 technology companies in China (including approximately USD 1 billion invested in Beijing UniSpreadtrum Technology).

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