Intel Capital Makes Swift Investments Post-Alibaba Deal
Filed in archive Venture Capital by james on August 17, 2005
Intel Corporation's $200 million China Technology Fund has wasted little time making an undisclosed investment in three companies. Although industry analysts speculate that the investments were modest, the timing from a fund only established two months ago does reinforce Intel's support for Chinese-style entrepreneurship and underscores the VCs' attraction to the China market.
According to Red Herring, Intel Capital has for more than seven years made investments in about 50 companies in China and Hong Kong. But the China investment allocation is miniscule in contrast to Intel's $4 billion global investments in over a 1,000 companies. The key point in this Intel investment is the prominent role of China to the global semiconductor industry.
Here's a quick summary of Intel Capital's recent spate of investments in China's technology companies:
This includes Chipsbrand, parent of Chipsbank Microelectronics Co Ltd, a fabless semiconductor design company that targets digital audio/video processing, mobile storage, network communications and consumer electronics applications.
Another investment completed was in Onewave Technologies Inc, which enables broadband content delivery to TV set-top boxes and streaming media and video-on-demand to PCs. Make no mistake about it- video-on-demand is red-hot.
Verisilicon received another round of financing from Intel. The company with a Silicon Valley presence sells semiconductor intellectual property and design and manufacturing services to more than 400 customers.
The global investment consensus on China:
� China is a force for technology innovation.
� The marketplace is still responding positively to Baidu
's IPO.
� Yahoo's $1 billion investment in Chinese e-commerce firm, Alibaba galvanizes stronger US investment.
� Expect to see significant future investment support for China's domestic semiconductor industry.
According to Red Herring, Intel Capital has for more than seven years made investments in about 50 companies in China and Hong Kong. But the China investment allocation is miniscule in contrast to Intel's $4 billion global investments in over a 1,000 companies. The key point in this Intel investment is the prominent role of China to the global semiconductor industry.
Here's a quick summary of Intel Capital's recent spate of investments in China's technology companies:
This includes Chipsbrand, parent of Chipsbank Microelectronics Co Ltd, a fabless semiconductor design company that targets digital audio/video processing, mobile storage, network communications and consumer electronics applications.
Another investment completed was in Onewave Technologies Inc, which enables broadband content delivery to TV set-top boxes and streaming media and video-on-demand to PCs. Make no mistake about it- video-on-demand is red-hot.
Verisilicon received another round of financing from Intel. The company with a Silicon Valley presence sells semiconductor intellectual property and design and manufacturing services to more than 400 customers.
The global investment consensus on China:
� China is a force for technology innovation.
� The marketplace is still responding positively to Baidu
's IPO.� Yahoo's $1 billion investment in Chinese e-commerce firm, Alibaba galvanizes stronger US investment.
� Expect to see significant future investment support for China's domestic semiconductor industry.
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