Wednesday, October 29, 2008

Intel Makes Three Chinese Investments

Intel Capital, the venture capital arm of Intel, said this week that it has made three investments in China. According to the firm, it has invested $20M in Trony Solar Holdings Co, a provider of thin film solar energy products; invested in NP Holdings Limited (NPH), which develops massive electricity storage systems; and also invested in Viewhigh, a provider of software and services to China's healthcare industry. Intel has two venture funds focused on China: the $200M Intel Capital China Technology Fund, and its new, $500M Intel Capital China Technology Fund II, which was created in April.