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Intel Future Investments Plans

Posted by | Posted in News | Posted on 03-03-2012 | comments: 0

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Intel

Intel is a company known all over the world. It is big and powerful, but as it seems the ambitions of the Americans are even bigger. Their branch Intel Capital, the investment department, announced these days that the company will invest $100 million for developing of new applications and technologies for cars. The systems will help in different things – parking, communicating etc.

Intel capital Connected Car Fund will invest in companies that develop hardware, software and all sort of technologies for cars. This will help the company to find new markets and to diversify its already huge business.

These news come just after announcement from the company that they have deal with different car makers to work on different technologies which to be easily integrated in the cars. This way the companies want to make the cars the third biggest and fastest developing market in terms of internet and mobile connectivity in the world till 2014.

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