Friday, August 28, 2015

Intel Invests $60M In Yuneec

Intel has made a $60M investment in Chinese drone maker Yuneec Holdings, via its venture capital investment arm, Intel Capital, the company said this week. Yuneec, which is based in Hong Kong, makes both aircraft and drones. According to Intel, the move includes an deal between the companies to work together on product development, and use of Intel's chips in future products.