AFI BLOG: Media and Technology

Press Release

Worldwide Deals Total over $60 Million
Intel Capital, Intel’s global investment organization, kicked off its ninth annual Intel Capital CEO Summit today with the announcement of eight investments totaling over $60 million. The deals, primarily led by Intel Capital, include: India-based Vriti Infocom (online education); Czech Republic-based Internet Mall (online retail); and several U.S.-based companies including Accertify (online security), TOA Technologies (workforce management software), Grid Net (energy efficiency, smart grid), HealthiNation (online health), Vostu (social networking with a Latin America focus) and Veoh Networks (online videos).

Intel Capital also highlighted several recent investments that demonstrate its commitment to investing in global technology innovation. These include an investment in Malaysia’s Green Packet to advance WiMAX and a joint business venture dedicated to social and economic development with Bangladesh-based Grameen.

This year’s Summit, held through Thursday at the Fairmont Hotel in San Francisco, will host a record turnout of more than 600 CEOs of companies from Intel Capital’s investment portfolio and executives from some of the largest Global 2000 companies. With a focus on networking and deal-making, the annual event includes a full agenda of keynote presentations, expert panel discussions and more than 850 matchmaking meetings between portfolio company CEOs and industry executives.

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