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Intel Newsroom

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Parallel JavaScript technology being developed by Intel Labs will enable more powerful and immersive web-based applications for PCs, laptops, and Intel inspired Ultrabook™ devices. Parallel JavaScript promises to speed up web applications across future HTML5 platforms by taking advantage of the parallel processing capabilities inherent in the latest Intel multi-core microprocessors.  Intel Labs has developed a prototype implementation of Parallel JavaScript technology codenamed River Trail, available on GitHub.com, as well an interactive game called "Tour de Blocks" to demonstrate its benefits. Click here for platform requirements and instructions on installing the necessary software packages. Keep in mind that Tour de Blocks is not a commercial game, but instead a fun way to experience the benefits of a research prototype.

Intel has launched the Intel® Ethernet Controller I210 Family for desktop, server, and embedded systems. These new low-power gigabit Ethernet controllers include advanced features, such as IEEE 802.1AS Time Stamping and 802.1Qav Audio-Video Bridging for better streaming of content. The I210 also comes with innovative power management features that reduce overall platform power consumption, and can withstand industrial temperatures, making it ideal for Industrial Automation, In-Vehicle Infotainment, Medical, Print Imaging, Telecommunications Infrastructure, and Military platforms.  Like other embedded products, Intel offers 7-year extended lifecycle support so customers can protect their development investment. Additional information can be found here.

SANTA CLARA, Calif., Oct. 16, 2012 - Intel Corporation today reported quarterly revenue of $13.5 billion, operating income of $3.8 billion, net income of $3.0 billion and EPS of $0.58. The company generated approximately $5.1 billion in cash from operations, paid dividends of $1.1 billion and used $1.2 billion to repurchase stock.

 

"Our third-quarter results reflected a continuing tough economic environment," said Paul Otellini, Intel president and CEO. "The world of computing is in the midst of a period of breakthrough innovation and creativity. As we look to the fourth quarter, we're pleased with the continued progress in Ultrabooks and phones and excited about the range of Intel-based tablets coming to market."

 

Q3 2012 Key Financial Information and Business Unit Trends (GAAP, unless otherwise stated)

  • PC Client Group revenue of $8.6 billion, flat sequentially and down 8 percent year-over-year
  • Data Center Group revenue of $2.7 billion, down 5 percent sequentially and up 6 percent year-over-year
  • Other Intel® architecture group revenue of $1.2 billion, up 6 percent sequentially and down 14 percent year-over-year
  • Gross margin of 63.3 percent, 1.3 percentage points above the midpoint of the company's updated expectation of 62 percent.
  • R&D plus MG&A spending $4.6 billion, unchanged.
  • Tax rate of 24 percent, below the company's expectation of approximately 28 percent.

 

Business Outlook

Intel's Business Outlook does not include the potential impact of any business combinations, asset acquisitions, divestitures or other investments that may be completed after Oct. 16.

 

Q4 2012 (GAAP, unless otherwise stated)

  • Revenue: $13.6 billion, plus or minus $500 million.
  • Gross margin percentage: 57 percent and 58 percent Non-GAAP (excluding amortization of acquisition-related intangibles), both plus or minus a couple of percentage points.
  • R&D plus MG&A spending: approximately $4.5 billion.
  • Amortization of acquisition-related intangibles: approximately $75 million.
  • Impact of equity investments and interest and other: approximately $75 million.
  • Depreciation: approximately $1.6 billion.
  • Tax Rate: approximately 27 percent.
  • Full-year capital spending: $11.3 billion, plus or minus $300 million.

 

For additional information regarding Intel's results and Business Outlook, please see the CFO commentary at: www.intc.com/results.cfm.

 

Status of Business Outlook

Intel's Business Outlook is posted on intc.com and may be reiterated in public or private meetings with investors and others. The Business Outlook will be effective through the close of business Dec. 14 unless earlier updated; except that the Business Outlook for amortization of acquisition-related intangibles, impact of equity investments and interest and other, and tax rate, will be effective only through the close of business on Oct. 23. Intel's Quiet Period will start from the close of business on Dec. 14 until publication of the company's fourth-quarter earnings release, scheduled for Jan. 17, 2013. During the Quiet Period, all of the Business Outlook and other forward-looking statements disclosed in the company's news releases and filings with the SEC should be considered as historical, speaking as of prior to the Quiet Period only and not subject to an update by the company.

 

GAAP Financial Comparison
Quarterly
Q3 2012Q2 2012vs. Q2 2012
Revenue$13.5 billion$13.5 billionFlat
Gross Margin63.3%63.4%Flat
Operating Income$3.8 billion$3.8 billionFlat
Net Income$3.0 billion$2.8 billionup 5.1%
Earnings Per Share58 cents54 centsup 7.4%

 

 

Non-GAAP Financial Comparison
Quarterly
Q3 2012Q2 2012vs. Q2 2012
Gross Margin64.3%64.4%Flat
Operating Income$4.1 billion$4.1 billionFlat
Net Income$3.1 billion$3.0 billionup 4.8%
Earnings Per Share60 cents57 centsup 5.3%
Non-GAAP results exclude the amortization of acquisition-related intangible assets and the related income tax effect of these charges.

 

Risk Factors

The above statements and any others in this document that refer to plans and expectations for the fourth quarter, the year and the future are forward-looking statements that involve a number of risks and uncertainties. Words such as "anticipates," "expects," "intends," "plans," "believes," "seeks," "estimates," "may," "will," "should" and their variations identify forward-looking statements. Statements that refer to or are based on projections, uncertain events or assumptions also identify forward-looking statements. Many factors could affect Intel's actual results, and variances from Intel's current expectations regarding such factors could cause actual results to differ materially from those expressed in these forward-looking statements. Intel presently considers the following to be the important factors that could cause actual results to differ materially from the company's expectations.

 

  • Demand could be different from Intel's expectations due to factors including changes in business and economic conditions, including supply constraints and other disruptions affecting customers; customer acceptance of Intel's and competitors' products; changes in customer order patterns including order cancellations; and changes in the level of inventory at customers. Uncertainty in global economic and financial conditions poses a risk that consumers and businesses may defer purchases in response to negative financial events, which could negatively affect product demand and other related matters.
  • Intel operates in intensely competitive industries that are characterized by a high percentage of costs that are fixed or difficult to reduce in the short term and product demand that is highly variable and difficult to forecast. Revenue and the gross margin percentage are affected by the timing of Intel product introductions and the demand for and market acceptance of Intel's products; actions taken by Intel's competitors, including product offerings and introductions, marketing programs and pricing pressures and Intel's response to such actions; and Intel's ability to respond quickly to technological developments and to incorporate new features into its products.
  • The gross margin percentage could vary significantly from expectations based on capacity utilization; variations in inventory valuation, including variations related to the timing of qualifying products for sale; changes in revenue levels; segment product mix; the timing and execution of the manufacturing ramp and associated costs; start-up costs; excess or obsolete inventory; changes in unit costs; defects or disruptions in the supply of materials or resources; product manufacturing quality/yields; and impairments of long-lived assets, including manufacturing, assembly/test and intangible assets.
  • The tax rate expectation is based on current tax law and current expected income. The tax rate may be affected by the jurisdictions in which profits are determined to be earned and taxed; changes in the estimates of credits, benefits and deductions; the resolution of issues arising from tax audits with various tax authorities, including payment of interest and penalties; and the ability to realize deferred tax assets.
  • Gains or losses from equity securities and interest and other could vary from expectations depending on gains or losses on the sale, exchange, change in the fair value or impairments of debt and equity investments; interest rates; cash balances; and changes in fair value of derivative instruments. The majority of our marketable equity security portfolio balance is concentrated in ASML Holding, N.V, and declines in value could result in impairment charges, impacting gains or losses on equity securities.
  • Intel's results could be affected by adverse economic, social, political and physical/infrastructure conditions in countries where Intel, its customers or its suppliers operate, including military conflict and other security risks, natural disasters, infrastructure disruptions, health concerns and fluctuations in currency exchange rates.
  • Expenses, particularly certain marketing and compensation expenses, as well as restructuring and asset impairment charges, vary depending on the level of demand for Intel's products and the level of revenue and profits.
  • Intel's results could be affected by the timing of closing of acquisitions and divestitures.
  • Intel's results could be affected by adverse effects associated with product defects and errata (deviations from published specifications), and by litigation or regulatory matters involving intellectual property, stockholder, consumer, antitrust, disclosure and other issues, such as the litigation and regulatory matters described in Intel's SEC reports. An unfavorable ruling could include monetary damages or an injunction prohibiting Intel from manufacturing or selling one or more products, precluding particular business practices, impacting Intel's ability to design its products, or requiring other remedies such as compulsory licensing of intellectual property.

 

Earnings Webcast

Intel will hold a public webcast at 2 p.m. PDT today on its Investor Relations website at www.intc.com. A webcast replay and MP3 download will also be available on the site.

 

Intel plans to report its earnings for the fourth quarter of 2012 on Jan. 17, 2013. Immediately following the earnings report, the company plans to publish a commentary by Stacy J. Smith, senior vice president and chief financial officer, at www.intc.com/results.cfm. A public webcast of Intel's earnings conference call will follow at 2 p.m. PDT at www.intc.com.

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

 

Intel, the Intel logo and Ultrabook are trademarks of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

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In honor of the UN's first International Day of the Girl, Intel employees around the world took part in activities and events to help educate and empower girls and women. Employees showed their commitment globally by raising funds in Arizona, hosting voting parties in Costa Rica, organizing school events in Egypt, creating science projects in India, organizing speaking engagements in Ireland, implementing classmate PCs in Rwanda and more. When given the opportunity to learn, girls and women will significantly catalyze social progress and help drive worldwide economic growth. Learn more about Intel’s girls and women initiatives.

Intel Advances Commitment through Diverse Partnerships, Including 10x10 Film and Social Action Campaign

 

SANTA CLARA, Calif., Oct. 11, 2012 – In celebration of the United Nations' first International Day of the Girl today, Intel Corporation is expanding its global commitment to furthering education for girls and women by announcing multiple strategic partnerships and programs. Millions of girls around the world have limited or no access to education. Intel believes that broader access to education for girls and women will significantly catalyze social progress and help drive worldwide economic growth.

 

Intel's key engagement is with 10x10, a global action campaign that seeks to educate and empower girls around the world. "Girl Rising," 10x10's full-length feature film and the centerpiece of this campaign,  reveals the extraordinary stories of real girls tackling nearly impossible odds on the road to education. Scheduled for a March premiere, the documentary amplifies the importance of investing in girls and aims to increase understanding and empathy so people are compelled to take action.

 

To further the powerful message of "Girl Rising," Intel  is collaborating with notable partners and policy makers to provide insight into the economic development and policy challenges facing girls around the world. Research consistently proves that educating girls breaks the cycle of generational poverty. For example:

 

  • When 10 percent more girls go to school, a country's GDP can increases by 3 percent.1
  • Girls and women reinvest 90 percent of their income.2

 

"Intel has worked for decades to improve education around the world," said Shelly Esque, vice president of Intel's Corporate Affairs Group and president of the Intel Foundation. "If we can close the education gap with girls, we will have transformed their lives and the lives of everyone they touch."

 

Through access to technology, scholarships and community learning programs, Intel provides girls and women with opportunities for quality education and personal growth. Intel's programs equip women with the access to the information they need to excel. With a 21st century skill set and a newfound level of confidence, girls and women can advance their ideas and personal drive to change their lives. In addition to 10x10, Intel's influential programs include:

 

  • Intel Learn: The Intel Learn Program provides opportunities for young learners in developing countries to gain key skills needed for tomorrow's success, focusing on technology literacy, problem-solving and collaboration. The initiative has reached approximately 900,000 girls and young women in 18 countries around the world since its founding in 2004.
  • Intel Teach: This global program provides K-12 teachers with the tools they need, including next-generation technology training, to become stronger educators and to make a difference in the lives of their students. To date, Intel has trained more than 5 million women teachers globally.
  • Intel Easy Steps: Established in 2010, this technology literacy program provides adult women training in entrepreneurship and business skills, enabling them to elevate themselves professionally and break through barriers to personal economic growth. To date, Intel Easy Steps has reached approximately 95,000 women in 20 countries around the world.
  • Intel Computer Clubhouse Network: The Intel Computer Clubhouse Network offers an after-school, community-based learning program that allows girls and boys from underserved communities to explore ideas, develop skills and build self-confidence through the use of technology. The program reaches more than 25,000 youths through 100 clubhouses in 20 countries.
  • Ashoka Changemakers: Intel and  Ashoka Changemakers have launched "She Will Innovate: Technology Solutions Enriching the Lives of Girls," a competition open to innovators everywhere. On Nov. 14, more than $30,000 in prizes will be awarded to those with the most innovative digital technologies that enable girls and women to live healthier, smarter and more meaningful lives. Public voting began today.
  • Ashoka Fellows: Intel has partnered with Ashoka on the Ashoka Fellows program, which sponsors social entrepreneurs and a wider community of change-makers with innovative technology solutions to address pressing problems facing women and girls.
  • Half the Sky Movement: Intel is supporting Half the Sky Movement: The Game, which seeks to raise awareness and inspire action to turn oppression into opportunity for women and girls worldwide. The game launches Nov. 13 on Facebook.
  • Code for Good: Through the Code for Good initiative, Intel employees collaborate with Intel partners, including Room to Read and World Pulse, to develop mobile applications and solutions that address challenges facing girls in education.
  • Equal Futures Partnership: To further Intel's commitment to advancing girls and women through education and empowerment, Intel supports  U.S. Secretary of State Hillary Clinton's initiative, the Equal Futures Partnership, in which Intel is studying the gender gap in women's access to and use of the Internet.

 

About Intel's Education Commitment
In this increasingly global economy, Intel recognizes that curiosity, critical thinking and a strong foundation in math and science are necessary for tomorrow's workforce to compete for the high-tech jobs of the 21st century. Over the past decade alone, Intel and the Intel Foundation have invested more than $1 billion, and Intel employees have donated close to 3 million volunteer hours toward improving education in more than 60 countries.

 

View the Multimedia Press Kit
(includes the full story with high resolution photos, videos, quotes, fact sheets, and more)

 

 

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

 

Intel is a trademark of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

 

1 Source: Council on Foreign Relations

 

2 Source: Chris Fortson, "Women's Rights Vital for Developing World," Yale News Daily 2003

Intel announced the 2012 PhD Fellowship Award recipients. Intel contributes nearly $1M to support top PhD students across the nation engaged in innovative areas of computing research.  The Intel PhD Fellowship Program is a highly competitive process where students are first pre-selected by their universities to apply for this fellowship. Each student that is nominated by their respective university submits a comprehensive application which is then reviewed by Intel Fellows and senior technologists. The recipients of this fellowship award are all recognized leaders in their field of study.

Blaine Goes Without Sleep or Food for 72 Hours and Surrounded by 1 Million Volts of Electricity

 

NEW YORK, Oct. 9, 2012 – Master magician David Blaine completed his most challenging feat to date, ELECTRIFIED, a performance controlled and enabled by the Intel-inspired Ultrabook™. For 3 days and 3 nights, Blaine stood surrounded by 1 million volts of electricity without food or sleep. For the first time, fans could interact and engage with Blaine during the performance using the Ultrabook, controlling the intensity and direction of the tesla coils.

 

An estimated 100,000 people attended the performance at Pier 54 in New York and at Ultrabook stations in cities around the world. Five million people worldwide tuned into the event via livestream and online videos.

 

"I appreciate all the support for my last long-endurance challenge and am excited to get back to doing what I love most …. magic," said Blaine upon completion of the performance.

 

Of the event, John Tierney of The New York Times said, "David Blaine, the magician and endurance artist, is ready for more pain. With the help a chain-mail suit and an enormous array of tesla electrical coils, he plans to stand atop a 20-foot-high pillar for 72 straight hours, without sleep or food, while being subjected to a million volts of electricity."

 

A writer at The Vine stated, "The stunt, appropriately called Electrified, is inspired by Intel's latest innovation – The Ultrabook – and is part of a series of events that are, at the risk of sounding simplistic, extraordinary."

 

Alex Maeland at Hypebeast said, "Despite prepping for one of his craziest displays to date … David Blaine seems surprisingly calm and collected. Taking place at New York's Pier 54, the storied American illusionist has aligned with the Intel's Ultrabook (sic) for the aptly titled, 'Electrified: One Million Volts Always On' – an incredibly impressive three-day and three-night public exhibition of unprecedented proportions."

 

Highlights from the event can be found here:

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

 

Intel is a trademark of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

In collaboration with Amazon Web Services (AWS), Intel recently launched the Power of 60 campaign designed to showcase the amazing insights companies like Yelp, NASA and Schrodinger can discover in just 60 minutes using powerful supercomputers running Intel® Xeon® E5 processor family and Amazon Web Services. The campaign highlights the power and affordability of the on-demand service which uses the AWS supercomputer to enable companies to solve problems with massive scalable compute power while only being charged for the time used. For example, the service allows Schrodinger, a leader in computational drug design for pharmaceutical and biotechnology research, to run 21 million potential drug compounds against a target cancer protein using 50,000 Intel Xeon processor cores at a much faster pace and lower cost. As part of the campaign, Intel and AWS are offering 600 free hours of cloud computing services. Watch the Power of 60 videos now.

Bringing shorter days and longer nights, the orbit of the earth is shifting us into the darker season: Prepare for fewer daylight hours with the cult-status space game, Dark Orbit. Then, find your rhythm for the changing season with the music streaming app, Rhapsody. Now that it is harvest season, practice your produce chopping skills with the messy, fast-paced game, Fruit Ninja, and edit photos with Snapseed, selected as the best mobile photo app of 2012.  All of these are available in Intel AppUp® center.

Discovery Channel's documentary TV series "Curiosity" returns for a second season on Sunday, as does Intel Corporation as the show's presenting sponsor. The Season 2 debut episode has the series crashing a passenger jet in the name of science (the craft is passenger-less, of course). A first-of-its-kind investment for Intel last season, the company will continue to use "Curiosity" as a global marketing platform with key partnership elements.

 

"Curiosity" answers questions through expert interviews, social experiments and research. In addition to the TV series, viewers can explore other topics -- "How does Pandora know which songs I like?" and "Where are we most likely to find life in space?" for instance -- online at curiosity.com/intel. This year Discovery has developed a series of webisodes that highlight Intel experts and help demystify technologies that Intel is a part of or are relevant to the evolution of the computing experience.

 

Viewers in North America can tune in each Sunday at 9 p.m./8 p.m. Central. The series rolls out globally beginning Oct. 22; check local listings for times.

Colorful leaves and long sleeves signal the perfect weather to curl up with a mug of apple cider and spend an evening playing great games with Intel AppUp® center. Navigate a busy airport as an air traffic controller with Flight Control HD or protect your Viking village in Viking Defense. Meanwhile, keep your fall recipes and notes organized and accessible wherever you go with the cloud-based app, Evernote. Tis the season for football games, trips to the pumpkin patch and other autumn activities; upload, organize and share your memorable photos through Photobucket.

Mobile technology has impacted everything from education and healthcare to entertainment and sports. Intel's 60 Second Insights features an interview with Bryan Srabian, Director of Social Media for the San Francisco Giants, discussing how mobile technology and social media have impacted the experience for San Francisco Giants and Major League Baseball (MLB) fans - making it more interactive for both spectators in the stands and viewers at home. 60 Second Insights offers a variety of unique perspectives from entertainment, art, technology, business, culture, youth and more on the instrumental role of mobility in various parts of everyday life.

At 3:05p EST today on google.com/+whatstrending, David Blaine will be participating in a Google+ Hangout with The Nerdist and YouTube to discuss ELECTRIFIED, a live performance event at Pier 54 in New York that uniquely leverages technology, science and global interactivity. Part of the The Ultrabook Experience, ELECTRIFIED can be viewed via live-stream or follow the conversation with #Electrified on Twitter, Instagram and Four Square.

NEWS HIGHLIGHTS

  • The next-generation Intel® Atom™ processor-based storage solution enables consumers and small businesses to protect their vital digital data.
  • Featuring the Intel® Atom™ processor D2550 and Intel® Atom™ processor D2500, this solution delivers a range of security, back-up and multimedia capabilities that will help users successfully manage the rapid increase in data.
  • Content can be shared anytime across a broad selection of devices, including smartphones, tablets, notebooks and Ultrabook™ devices, and accessed anywhere to create a personal cloud.

 

 

SANTA CLARA, Calif., Oct. 4, 2012 – Small businesses are grappling with how to manage the dramatic growth of critical files, email and media. Meanwhile consumers are creating and purchasing vast amounts of digital content, including music, movies, photos, e-books and videos. To help them have greater control over of their data, Intel Corporation today announced its next-generation Intel® Atom™ processor-based storage solution.

 

Recognizing the ongoing, real-time growth of storage demands, this solution, powered by the Intel® Atom™ processor D2550 or the Intel® Atom™ processor D2500, combines impressive multimedia capabilities, energy efficiency and excellent performance to deliver the personal cloud to businesses and consumers.

 

"Intel's next-generation Atom processor provides an ideal solution for powering intelligent storage system designs that will act as a personal cloud inside the office or home, and will deliver better ways to store and access data," said David Tuhy, general manager, Intel Storage Division. "With a range of systems designers on board, the Intel Atom processor-based storage solution raises the bar in how data is stored, managed and shared."

 

Meeting the Business Challenge: A Personal Cloud

Businesses such as retailers, financial services firms, medical and legal offices require on-site solutions to store and access data locally, as well as the ability to access that data remotely. With this solution, businesses can provide their employees with a personal cloud storage experience so they can have fast, secure access to files from work, home or on the road from any connected device. This solution also supports multiple file transfer protocols so companies can share data and content regardless of the operating system.

 

Broad Security Capabilities

With security of paramount concern to businesses, this solution is supported by the McAfee AV SDK and VirusScan which will give small businesses a valuable tool for protection against data corruption and virus attacks. Centralized backup of all devices also assures businesses that their data is protected. Businesses with video surveillance systems can attach up to two monitors to a single platform-based storage device and view up to four camera feeds that feature HD-quality clarity.

 

Content Vault for Consumers

Devices featuring this storage solution also act as centralized media platforms for storing movies, music, video, games, photos and other content.

 

"QNAP's new HD Station, utilizing Intel® Atom™ processor D2550 graphics capabilities, plays local and network media such as high-definition movies, home videos, pictures, and music -- all with the comfort of a big size screen via HDMI connection and a remote control, smartphone or any wireless USB keyboard or mouse," said Jason Hsu, product manager of QNAP Systems Inc. "Turbo NAS showcases the potential of the graphics capability of the Intel Atom processor and how it can be applied for home entertainment."

 

Families and friends can also experience the peak performance and graphics capabilities of this solution when they gain access and share files using a variety of connected devices including Ultrabooks™, notebooks, smartphones and tablets, creating a personal cloud.

 

"With the launch of the Intel® Atom™ processor D2550 using award-winning solutions from Thecus®, multimedia opportunities are endless," said Florence Shih, general manager of Thecus. "The Intel Atom processor D2550's value is its unique combination of performance and graphics capabilities. By pairing with local display and HDMI output, Thecus adopts this technology to empower an entertainment powerhouse for an unparalleled theater experience."

 

Asustor, QNAP, and Thecus are launching storage solutions on this platform today, with other companies launching in the near future. The software ecosystem gets a boost with support from companies such as Mpstor and Dane-Elec that have developed an optimized storage stack for small-business customers.

 

View the Multimedia Press Kit
(includes the full story with high resolution photos, videos, quotes, fact sheets, and more)

 

 

 

About Intel
Intel (NASDAQ: INTC) is a world leader in computing innovation. The company designs and builds the essential technologies that serve as the foundation for the world’s computing devices. Additional information about Intel is available at newsroom.intel.com and blogs.intel.com.

 

Intel, Intel Atom and the Intel logo are trademarks of Intel Corporation in the United States and other countries.

 

* Other names and brands may be claimed as the property of others.

At the 13th annual Intel Capital Global Summit today, Intel Capital announced US$40 million in new investments in 10 innovative technology companies. These companies exemplify Intel Capital's commitment to helping grow its portfolio companies to the next level and represent a range of technologies including cloud, digital entertainment, mobile payments and new forms of device interaction. In its 13th year, the Global Summit is designed to immerse attendees in networking and lay the groundwork for potential revenue generating partnerships and business deals. Learn more about today's news from the Intel Capital Global Summit here.

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