Intel Investing Millions in Open Source

February 16, 2011
By Developer.com Staff

Intel Capital has announced $26 million investments in six mobile platform startups, including several open source companies.

Included in the new deals are open source mobile software solutions company Borqs, open source online video platform Kaltura and CloudMade which uses open source tools in its location-enabled applications and services.

"These Intel Capital investments represent innovative companies that Intel is working with to help advance our mobile platform initiatives across smart device segments including handheld, tablet and notebook businesses," said Anand Chandrasekher, Intel senior vice president and general manager of the company's Ultra Mobile Group.

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Tags: open source, Intel

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