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Posts Tagged ‘capital’

Intel Capital Commits $200 Million as Part of President Obama’s “Startup America” Campaign

Intel Capital joins Public and Private Companies and Foundations to Invest in American Entrepreneurs

NEWS HIGHLIGHTS
  • Intel Capital continues its Invest in America Fund commitment with new $200M pledge
  • Intel Capital executive joins the Startup America partnership board of advisors
  • Previous $200M Invest in America Fund commitment for 2010 and 2011 was met in less than one year

WASHINGTON, D.C., Jan. 31, 2011 – Intel Corporation announced that it has joined President Obama’s Startup America campaign to strengthen entrepreneurship in the United States. As part of this partnership, and in conjunction with its ongoing Invest in America initiative, Intel Capital, Intel Corporation’s global investment organization has pledged to invest another $200 million in American technology companies and joined the campaign’s board of advisors.

“Intel is dedicated to creating a culture of investment in the United States that supports American startups and the country’s future competitiveness,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president.  “We are pleased to join the Administration in the effort to help new businesses succeed in the United States and consider this partnership an important opportunity to promote education, innovation and entrepreneurship to maintain a globally competitive economy.”

“Startup America” is a White House campaign to celebrate, inspire and accelerate high-growth entrepreneurship throughout the nation. This coordinated public/private effort brings together an alliance of the country’s most innovative entrepreneurs, corporations, universities, foundations, and other leaders, working in concert with a wide range of federal agencies to dramatically increase the prevalence and success of American entrepreneurs.

Intel Capital’s new $200 million commitment comes almost a year after the launch of the Invest in America Alliance, an Intel led initiative supported by many leading venture capital firms and corporations aimed at further anchoring the nation’s competitiveness on the global stage. As part of the Invest in America Alliance, which was announced in Feb. 2010, Intel committed to invest $200 million over two years in U.S.-based growth-oriented industries through its Invest in America Fund. Intel Capital met this original commitment in less than a year.

The Intel Capital Invest in America portfolio companies are addressing areas on the forefront of technology innovation from distributed energy resource management and cloud platform technologies to educational gaming and dynamic mobile video optimization. As these companies grow and create the next breakthroughs in technology innovation, they serve as a strong example of how private sector efforts can complement state and federal programs to foster fast growing, emerging industries with high job creation potential.

Intel believes a culture of investment is essential to keeping the U.S. on the leading edge of technology innovation and stimulating economic activity.  Last week, Intel announced plans to invest $100 million directly into U.S. university research over the next 5 years. Intel Corporation is engaged with a number of university research centers to focus on projects in select technology areas that align with the company’s research agenda including visual computing, mobility, security and embedded solutions.

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.

About Intel Capital
Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9.8 billion in over 1,100 companies in 48 countries. In that timeframe, 189 portfolio companies have gone public on various exchanges around the world and 258 were acquired or participated in a merger. In 2010, Intel Capital invested US$327 million in 119 investments with approximately 44 percent of funds invested outside the U.S. and Canada. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com.

Intel 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.

CE Europe “to face lack of capital in 2011″

Former governor of the National Bank of Serbia Radovan Jelašić says central and eastern Europe will experience a lack of capital on the market in 2011.
He added that individual economic policies will dictate whether any extra capital will be found.

Capital Group raises stake in Amtek Engineering

Amtek Engineering says Capital Group has increased its stake in the company from 5.52% to 6.33%, or from 30 million to 34.4 million shares. The increase by Capital Group follows the open market purchase of 2.9 million shares by Aranda Investments, a wholly-owned subsidiary of Temasek Holdings, on 2 Dec, increasing its stake in the company from 4.86% to 5.39%.

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One dead, two injured in Stockholm blasts

Two explosions went off in the Swedish capital Stockholm on Saturday, leaving one man dead.

Media reports claim the incident was a suicide bombing after a threat to take retaliation over Afghanistan.

More Singapore Telco Capital management in 2011 – CS

Credit Suisse maintains view that Singapore’s Next Generation Nationwide Broadband Network “is really a 2012 story for the telecoms sector in light of the delays in the roll-out of OpenNet’s all-fibre network and the start-up issues faced by the NGNBN operating companies and retail service providers.” 

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Intel to Present at Barclays Capital Global Technology Conference

SANTA CLARA, Calif., Dec. 3, 2010 – Intel Corporation today announced that Paul Otellini, Intel’s president and chief executive officer, will present at Barclays Capital 2010 Global Technology Conference in San Francisco. Otellini will keynote at 7:40 a.m. PST on Wednesday, Dec. 8.

 

A live webcast and replay of the presentation will be available on Intel’s Investor Relations website 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 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.

Improved ROE for Singapore market in 2011-12: Credit Suisse

Return on equity for Singapore market forecast to increase to 12.7% in 2011, 13.1% in 2012 from 11.5% this year, but could rise further if companies become more aggressive in managing capital, says Credit Suisse.

“We expect Singapore companies to revisit capital management activities in 2011, as confidence recovers further and their cash positions continue to pile up.”

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Moon Capital acquires 4.9% stake in Design Studio for $8.1m

Design Studio Furniture Manufacturer, the product and interior fit-out specialist, says Moon Capital Management LP, one of the leading global investment advisory firms based in New York with an office in Singapore, has acquired 4.9% of the company representing 12.5 million shares on Nov 22. The shares in Design Studio were sold at 65 cents each by Depa Interiors LLC in a placement effort to restore the public float to at least 10% and resume listing status.

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VTB Capital names ex-UBS banker Judy Lim CEO of Singapore unit

VTB Capital, Russia’s largest largest equity and debt underwriter this year, named Judy Lim chief executive officer of its Singapore unit.

Lim, a former banker at UBS AG and Morgan Stanley, joined VTB last year as head of global markets distribution in Asia, the Moscow-based bank said in a statement today.

She will report directly to VTB President Yuri Soloviev.

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Singapore, Asia capital flows rising on growth, Minister says

Growth is spurring capital flows in Singapore and Asia, Singapore’s Finance Minister Tharman Shanmugaratnam said in parliament today.

Capital inflows in Singapore are being intermediated efficiently and the island isn’t considering implementing capital controls, he said. The country will take steps if needed to keep markets stable, the minister said.

 
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B92: Capital increase, new BoD elected

B92 AD Shareholder Assembly was held on November 17, 2010, in Belgrade, the first following the implementation of the decision on capital increase. New Board of Directors members have been appointed: Mr. Veran Matić was at the helm of the B92 BoD and he has been once again appointed to be the chairman of the new BoD. Mr. Matić will also continue discharging his duties as the company’s editor-in-chief, a statement from the company said.

Chip Shot: Intel Capital America Fund 80% Invested

At the eleventh annual Intel Capital CEO Summit in Huntington Beach, CA, Intel President and CEO Paul Otellini gave an update on Intel Capital’s Invest in America (IIA) Fund, a $200 million commitment to investing in innovation in the U.S. over the next two years.  In less than nine months, Intel Capital has invested nearly 80% of the committed dollars in 56 companies around the country. These investments, totaling $156 million, are in exciting new areas from cloud computing and cleantech to educational gaming and smartphones. Intel, along with 24 fellow Venture Capitalists,  is committed to the nation’s global competitiveness and investing in industries that will produce the next high tech jobs in the U.S.

UK’s Crossbridge Capital sets up in Singapore

Crossbridge Capital, a London wealth manager set up by former Credit Suisse (CSGN.VX) bankers, has joined the chase for Asia’s tycoons and set up a Singapore unit seeking US$1 billion ($1.3 billion) of new assets, its chief executive said.

Chief Executive Tarek Khlat told Reuters on Tuesday that Crossbridge hoped to reach the target, a 50% increase in assets under management, within three years through the new business division, which opens on Wednesday.

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Intel Capital Invests $77 million in Innovative Companies Around the World

NEWS HIGHLIGHTS

  • At the 11th Annual CEO Summit, Intel Capital announces 18 new investments, spanning 11 countries and totaling approximately $77 million.
  • Five new follow-on deals also announced.
  • The new investments align with Intel’s strategic objectives to foster innovation in core PC and server market segments, while helping enable advancements in adjacent computing areas including Smart TV, tablets and smartphones.
  • 28 exits of Intel Capital portfolio companies in 2010.
  • The Intel Capital CEO Summit has over 700 attendees this year from Intel Capital portfolio companies and Intel’s global customers and partners.

 

 

HUNTINGTON BEACH, Calif., Nov. 16, 2010 – Intel Capital, Intel Corporation’s global investment organization, reaffirmed its dedication to foster worldwide innovation with the announcement of 18 new investments. The new deals total approximately $77 million and were announced today at the 11th annual Intel Capital CEO Summit, Intel Capital’s gathering of portfolio company CEOs, corporate technology decision makers from Global 1000 companies and thought leaders from around the world. The new Intel Capital investments span 11 countries including Brazil, China, Germany, India, Israel, Malaysia, the Netherlands, Russia, Taiwan, Ukraine and the United States.

 

The new investments align with Intel’s strategic focus on fostering innovation in core PC and server market segments including cloud computing, mobility solutions and access to broadband wireless in geographies around the world. Additionally, these investments will help enable advancements in adjacent computing areas including smart TV, tablets and smartphones.

 

“Innovation continues to thrive all over the world,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “Despite the economic environment, these 18 investments help advance next generation computing technologies aligning with Intel’s vision that more and more devices will compute and connect to the Internet, called the ‘compute continuum.’ The innovative technology developed by these companies supports the compute continuum from advancements in PCs and server trends, such as cloud computing, to building out the ecosystem around smart TVs and smartphones.”

 

2010 has also been an excellent year for Intel Capital portfolio companies. To date, 28 Intel Capital portfolio companies have exited in 2010 either through an IPO or acquisition. These exits clearly demonstrate Intel Capital’s dedication to support portfolio company business development efforts through events such as Intel Capital Technology Days (ITDs) and the Intel Capital CEO Summit, and are a key indication of the critical role technology innovation has played in driving the global economic recovery.

 

“The successful exits of our portfolio companies demonstrate Intel Capital’s company building and business development capabilities,” Sodhani said.

 

The new investments include Adaptivity, Althea Systems, Anobit, boo-box, De Novo, IPTEGO, Layar, Lilliputian Systems, Inc, Ortiva Wireless, Rock Flow Dynamics, Select-TV, SilkRoad, Taifatech, Videon Central, Verismo Networks, Winchannel, YuMe and Yummly.com.

 

In addition to the new investments, Intel Capital also highlighted recent follow-on investments in GainSpan, JackBe, Fonality, TecTotal and Wortal.

 

Details on the new investments follow:

Adaptivity (Charlotte, N.C.) helps companies address the complexities associated with IT design and implementation. Adaptivity’s Blueprint 4IT Lifecycle Suite™ enables intelligent IT design decisions to be incorporated into repeatable actions across the technology build and deployment lifecycle. Whether seeking to rationalize IT portfolios or design enterprise cloud programs, companies use Adaptivity’s tailored blueprints to optimize legacy infrastructure operations and accelerate the delivery of new IT services. The funding will be used to accelerate product development and build out sales and marketing infrastructure.

 

Althea Systems’ (Bangalore, India) cloud-based video discovery platform makes it easier to find and share online videos across various devices. Althea launched a PC version of Shufflr, a social video browser, with a rich, immersive video experience in July. Shufflr’s video discovery platform on the cloud aggregates video from several sources and combines machine aided and social discovery engines to help users find video they like. Shufflr will soon be available on smartphones, tablets and TVs, providing continuity of video experience from one device to another. The investment from Intel Capital will help the company expand its development team and marketing efforts.

 

Anobit (Herzeliya Pituach, Israel) is a provider of solutions to the growing NAND flash memory market segment. Its patented MSP™ (Memory Signal Processing) technology significantly improves the endurance and thus the cost structure of NAND-based products and systems. Anobit’s products, ranging from flash controllers to enterprise-class solid state drives, are designed for leading NAND flash manufacturers, consumer electronics vendors and storage solution providers. The company will use the funding to expand its core business operations to meet surging demand for its technology and products.

 

boo-box (São Paulo, Brazil) is one of the first technology-based ad systems in Brazil to address advertising on social media. Its innovative platform allows creative freedom for agencies, intelligent targeting for advertisers and increased control for publishers. boo-box services range from ad serving to affiliate marketing, addressing all types of advertising needs in social media. The investment from Intel Capital will be used to accelerate development of targeting and optimization tools, and to strengthen business operations.

 

De Novo (Kiev, Ukraine) is the first enterprise-class data center provider offering high quality IT services to leading enterprises in the Ukraine. De Novo experts have significant experience in project realization focused on IT systems research, design, implementation and maintenance at the corporate level. Intel Capital’s investment will be used to expand outsourcing services, such as Software as a Service, Infrastructure as a Service, based in the De Novo Data Center.

 

IPTEGO (Berlin) is a provider of Next Generation Network optimization software. IPTEGO’s PALLADION software suite analyzes Next Generation Networks from any vendor to provide real-time network intelligence, troubleshooting, customer experience monitoring and seamless integration of third-party products. Utilizing PALLADION allows operators to securely and quickly migrate to IP-based networks such as IMS, reduce operational costs, generate additional revenue and minimize churn. Intel Capital’s investment will allow the company to speed up penetration of global markets and ensure rapid growth.

 

Layar (Amsterdam, Netherlands) is the largest augmented reality platform in mobile used to bring impactful experiences into people’s everyday lives. Layar works with thousands of developers creating nearly 1,500 layers for users to see the world with new information and meaningful digital content. The Layar platform is available on Android*, iPhone* and Bada* devices and also comes globally pre-installed on tens of millions of phones promoted by leading handset manufacturers and carriers. Layar will use the funding to further develop its platform and drive the development of meaningful augmented reality content.

 

Lilliputian Systems, Inc. (Wilmington, Mass.) is developing a Personal Power™ solution for consumer electronics devices that targets the portable power market segment. The company delivers a small form-factor battery charging solution that provides extended run-time for today’s CE devices. Lilliputian’s patented Silicon Power Cell™ technology is based on highly efficient solid oxide fuel cells (SOFCs) and microelectromechanical systems (MEMS) wafer fabrication methods, and is fueled by recyclable high-energy butane cartridges. Intel Capital’s equity stake provides resources for volume manufacturing.

 

Ortiva Wireless (La Jolla, Calif.) offers advanced commercial solutions for proactive management of mobile video, allowing service providers to dramatically improve control, quality and efficiency of rich media content delivery. Ortiva’s iVOG™ (internet Video Optimization Gateway) for open internet media and mVOG™ (mobile Video Optimization Gateway) for portal services extend service reach, increase network efficiency, and improve video coverage density for mobile operators while dynamically shaping the content to give subscribers the smoothest video and clearest audio experience possible – regardless of fluctuating and hostile wireless network conditions. The new funding will be used to expand sales, marketing and engineering resources.

 

Rock Flow Dynamics (Moscow) offers high performance modeling software to simulate fluid and gas filtration dynamics of hydrocarbon underground reservoirs. The company’s fully integrated dynamics modeling solution, tNavigator, was designed from the ground up for the latest generation of multicore processors and can be seamlessly used for reservoir simulations on laptops, multiprocessor servers and clusters. The Intel Capital investment will be used to establish a Houston office and expand sales and marketing globally.

 

Select-TV (Kuala Lumpur, Malaysia) is a provider of end-to-end systems and content solutions for IPTV deployment. Widely deployed in luxury hotels and resorts in Southeast Asia and the Middle East, Select TV’s set-top box utilizes the power of the Intel® Atom™ processor to provide easy navigation to Web content and highly interactive entertainment and online education applications. The company has also recently embarked on trials in Southeast Asia with telecom operators who are deploying IPTV to consumer homes. Intel Capital’s investment will be used to accelerate the development of IPTV solutions and to expand the company’s presence in Asia, the Middle East, Latin America and Europe.

 

SilkRoad technology, Inc. (Chicago) provides software-as-a-service (SaaS) integrated talent management solution. Through SilkRoad’s Life Suite™, companies are able to hire better employees, identify high and low performers, drive a pay-for-performance culture and improve employee tenure. The SilkRoad Life Suite™ solution set includes: OpenHire™, for recruiting management; RedCarpet™ for employee onboarding and life events; WingSpan™ for flexible employee performance management; GreenLight™ for learning management; Eprise™ for employee intranets and content management; and HeartBeat™ for core HR. Plans for Intel Capital’s investment include a significant expansion of SilkRoad’s worldwide direct sales and marketing efforts, strategic acquisitions and continued product development.

 

Taifatech (Jhubei City, Taiwan) is a fabless semiconductor company specializing in system-on-a chip (SoCs) and system design solutions that provide management and connectivity through LAN or WLAN. To address the growing digital video delivery market segment, Taifatech has developed solutions that provide wireless connectivity for such systems. Taifatech’s Taiwan-based team utilizes its strong networking and video ASIC design expertise, coupled with a team of software developers and local Taiwan-based OEMs, to provide the cost effective solutions. Intel Capital’s investment will be used to expand Taifatech’s development efforts of Intel® architecture-based wireless connectivity solutions.

 

Videon Central, Inc. (State College, Penn.) is an independent software vendor (ISV) that specializes in applying core IP and integration services for the growing consumer electronics market segment of internet connected digital video products. Videon is the leading ISV of Blu-ray disc™ middleware and video streaming technology for embedded devices and a charter member of the Intel® Consumer Electronics Network (Intel® CEN). Videon offers OEM and content development companies a unique set of capabilities to facilitate their digital media product applications. Intel Capital’s investment will be used to build Videon’s market position by expanding our IP portfolio to take advantage of the growing smart TV segment.

 

Verismo Networks’ (Mountain View, Calif. and Bangalore) open Internet TV platform brings seamless convergence of IPTV linear channels, Internet video, social networking and personal media playback directly to the TV. The Verismo end-to-end solution enables OEMs in service providers and IP MSO segments to expand their reach globally and cost effectively while giving subscribers an un-paralleled viewing experience. Verismo will use the investment to accelerate its growth and expand its sales and marketing operations.

 

WinChannel (Beijing) is a developer of information and sales management software for the consumer industry. Winchannel’s software platform manages and analyzes channel information such as replenishment orders, sales transactions, inventory and promotional activities in near real time, helping brand owning companies to monitor and understand market mechanisms and market responses to promotion, making sales operations more efficient. The investment from Intel Capital will be used in R&D and as working capital.

 

YuMe (Redwood City, Calif.) is a video advertising technology company that delivers video ads across all connected device channels — online, mobile, and CE/TV. Its ACE™ technology platform powers both its premium ad network and its enterprise solutions: ACE for Publishers and ACE for Advertisers. ACE for Publishers, a complete set of cloud-based ad operations tools, enables publishers to simplify video ad management functions to drive higher revenue, streamlined processes, and lower operating costs. ACE for Advertisers, an end-to-end, buy-side video campaign management system provides an enterprise-class solution and professional services package that mitigates the complexity of video ad campaign management. Meanwhile, YuMe’s premium video ad network helps advertisers reach their target audience at scale whenever and wherever they’re watching video. The investment will be used to further video advertising technology monetization solutions.

 

Yummly.com (Palo Alto, Calif.) is pioneering semantic search and recommendations for food. Its robust platform empowers people to search for and discover recipes based on their personal tastes and preferences, and offers a comprehensive database of more than 500,000 recipes aggregated from leading cooking sites and cookbooks. Yummly plans to apply funding from Intel Capital’s investment to expand its engineering team and further develop its platform’s functionality and features.

 

Intel Capital CEO Summit 2010 is sponsored by Aon Corporation, Capgemini, Credit Suisse, Evercore Partners, Gibson, Dunn & Crutcher, KPMG, Morrison & Foerster, Needham & Company, NYSE Euronext and Silicon Valley Bank. The summit is the pre-eminent technology networking event, with over 700 attendees from Intel Capital portfolio companies and Intel’s global customers and partners. Industry technology executives attend the summit to identify innovative solutions and business development opportunities.

 

About Intel Capital

Intel Capital, Intel’s global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, Intel Capital has invested more than US$9.7 billion in over 1,100 companies in 48 countries. In that timeframe, 189 portfolio companies have gone public on various exchanges around the world and 258 were acquired or participated in a merger. In 2009, Intel Capital invested US$327 million in 107 investments with approximately 50 percent of funds invested outside the U.S. and Canada. For more information on Intel Capital and its differentiated advantages, visit http://www.intelcapital.com.

 

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.

Chip Shot: Intel Capital to Announce New Global Investments

At the eleventh annual Intel Capital CEO Summit in Huntington Beach, CA, Intel Capital President Arvind Sodhani will host a press conference at 12:30 p.m. PST today. The press conference will be streamed live. Sodhani will provide a general update on Intel Capital and will announce new investments in innovative companies around the world.  He will be joined by a number of CEOs and a Q&A session will immediately follow. The Intel Capital CEO Summit is the pre-eminent technology networking event, with over 700 attendees from Intel Capital portfolio companies and Intel’s global customers and partners. Industry technology executives attend the Intel Capital CEO Summit to identify innovative solutions and business development opportunities.

Foreland Fabrictech Holdings rated ‘buy’ by NRA Capital

NRA Capital in a Nov 8 research report says: “Foreland Fabrictech Holdings Ltd (“Foreland”), is a vertically integrated manufacturer of functional and normal fabrics. Enquiries by customers have been strong since the beginning of 2010. Now, the company is busy fulfilling customer orders as textile retailers are piling up stocks ahead of Chinese New Year.

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Chip Shot: Another Successful Exit for Intel Capital

Intel Capital portfolio company Accertify announced today that it is being acquired by American Express. Intel Capital first invested in Accertify in 2008. As the sole institutional investor in the company, Intel Capital provided Accertify with strategic and operational planning guidance, industry introductions and strong financial support that enabled the company to focus on growing the business. Accertify also participated in Intel Capital’s business development events including Intel Capital Technology Days and the Intel Capital CEO Summit. Accertify provides e-commerce companies with software, tools and strategies for preventing online fraud and mitigating enterprise-wide risks.

“We Can Either Have a Rational Resolution to the Foreclosure Crisis or We Can Preserve the Capital Structure of the Banks. We Can’t Do Both”

The quote of the day comes from Damon Silvers, a member of the independent Congressional Oversight Panel:We are faced with a choice here.We can either have a rational resolution to the foreclosure crisis or we can preserve the capital structure of the…

Intel, Other Top Companies Unveil New Cloud Mission: Open Data Centers

NEWS HIGHLIGHTS

  • Intel outlined three key elements to its “Cloud 2015” vision: a world of interoperable “federated” clouds; “automated” movement of software applications and resources; and PC and device-savvy “client-aware” clouds that know what processing should take place in the cloud or on your laptop, smartphone or other device.
  • Intel helped create the Open Data Center Alliance of more than 70 top global businesses unified by Intel that will create a roadmap to drive interoperability, flexibility and industry standards for the cloud and next generation data centers. The Open Data Center Alliance represents more than $50 billion in annual IT investment.
  • Intel unveiled Intel® Cloud Builders, featuring 20 of the world’s leading hardware and software makers who will commit resources to spur innovation and make clouds easier to deploy, use and share.
  • Intel® Xeon® processors, already found in about nine out of 10 servers, include features such as smart energy efficiency, Intel® Virtualization Technology and Intel® Trusted Execution Technology that are perfectly suited for cloud computing.

 

 

SANTA CLARA, Calif., Oct. 27, 2010 – Intel Corporation today unveiled several new initiatives under its “Cloud 2015” vision aimed at making cloud-based Internet computing more interoperable, secure and simplified.

 

Intel’s Cloud 2015 vision has three key elements: a “federated” cloud that allows enterprises to share data across internal and external clouds; an “automated” network that automatically allows the secure movement of applications and resources to significantly improve energy efficiency in data centers; and PC and device-savvy “client-aware” clouds that know what types of applications, commands and processing should take place in the cloud or on your laptop, smartphone or other device – thus taking a user and specific device’s unique features into account to fully optimize an online experience.

 

Intel will support these goals by creating software and building new capabilities into Intel® Xeon® processors, which include features such as Intel® Virtualization Technology (Intel® VT) and Intel® Trusted Execution Technology (Intel® TXT) that form the basis of cloud computing today.

 

Open Data Center Alliance

As a step toward Cloud 2015, Intel helped create the Open Data Center Alliance, a coalition of more than 70 leading businesses that together represent more than $50 billion in annual IT investment and that have cloud research or projects underway. Alliance Steering Committee members include BMW*, China Life*, Deutsche Bank*, J.P. Morgan Chase*, Lockheed Martin*, Marriott International, Inc.*, National Australia Bank*, Shell*, Terremark* and UBS*.The alliance will lay out future hardware and software requirements that lead to more open and interoperable cloud and data center solutions. Intel plays a unique advisory role within the alliance, whose initial membership is focused on end user companies rather than technology providers.

 

Intel embraces the Open Data Center Alliance’s vision and goals and plans to deliver products and solutions consistent with these goals. Intel will work with its hardware and software partners, engaging the industry to innovate on open standards, delivering a faster ramp to the next stage of the Internet, and delivering an open, interoperable and secure cloud that will empower the next generation of business, movies, gaming, music, social media and other yet-to-be-invented Web services.

 

“The industry has an opportunity to accelerate the potential of cloud computing, delivering even better industry economics through this transformation,” said Kirk Skaugen, vice president and general manager, Intel Data Center Group. “With the Open Data Center Alliance we now have the world’s top businesses focused and actively engaged with Intel and the high-tech industry, accelerating solutions to the cloud’s key challenges. The server industry has gone through an amazing transformation since the Intel Pentium® Pro’s introduction in 1995; our goal is to ensure that cloud computing continues to deliver breakthrough economics based on the same fundamental principle —innovation on open, interoperable standards.”

 

Intel Cloud Builders

The goal of the Intel® Cloud Builders program is to provide a path to the Cloud 2015 vision. Intel announced a significant expansion of this program that brings together leading system and software solution partners to provide proven cloud building recipes and practical guidance on how to deploy, maintain and optimize a cloud infrastructure.

 

While the alliance will determine future requirements for cloud infrastructure, the Intel Cloud Builders program will help bring these requirements to life with full solutions. The program now has a total of 20 reference architectures with several more on the horizon. It represents a community of the most critical providers of technology in the cloud, including Canonical*, Cisco*, Citrix*, Dell*, EMC*, Enomaly*, Eucalyptus Systems*, Gproxy*, HP*, IBM*, Intel, Joyent*, Microsoft*, NetApp*, NetSuite*, Novell*, Parallels*, Red Hat*, Univa* and VMware*.

 

 

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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, Xeon 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.

MAS warns of risks from capital surge

Singapore’s central bank said on Wednesday that Asia is facing higher risks from a surge of capital inflows, a tide that could reverse in a disorderly fashion if inflationary pressures were not contained.

The Monetary Authority of Singapore (MAS) issued the warning in its latest macroeconomic review, echoing concerns expressed by policy makers in several emerging Asian economies over hot money that is pushing up regional currencies and stocks.

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