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Intel Capital creates US$300 million ultrabook fund

Intel Capital creates US$300 million ultrabook fund

Intel Capital has announced an US$300 million Ultrabook Fund to help drive innovation in this new category of devices. As announced at Computex earlier this year, Ultrabook systems will marry the performance and capabilities of today’s notebooks with tablet-like features. Ultrabook devices will deliver a highly responsive and secure experience in a thin, light and elegant design at mainstream prices, according to Intel.

To help realize that vision, the Intel Capital Ultrabook Fund aims to invest in companies building hardware and software technologies focused on enhancing how people interact with Ultrabooks, achieving all-day usage through longer battery life, enabling innovative physical designs and improved storage capacity. The overall goal of the fund, which will be invested over the next 3-4 years, is to create a cycle of innovation and system capabilities for this new and growing category of mobile devices.

There are three key phases in Intel’s strategy to accelerate its vision for this new category. The company’s efforts begin to unfold this year with Intel’s latest second generation Intel Core processors. This family of products will enable thin, light and beautiful designs that are less than 21mm (0.8-inch) thick, and at mainstream prices. Systems based on these chips will be available for the 2011 winter holiday shopping season.

To ship Ultrabook devices this year required significant collaboration among the entire computing industry. Intel has worked very closely with its customers to ensure that Ultrabook devices deliver compelling and unique value to consumers. Many OEMs have been collaborating on this effort from the very beginning.

The second phase of Intel’s vision happens around the next-generation Intel processor family codenamed Ivy Bridge, which is scheduled for availability in systems in the first half of 2012. Notebooks based on Ivy Bridge will bring improved power efficiency, smart visual performance, increased responsiveness and enhanced security.

Intel’s planned 2013 products, codenamed Haswell, are the third step in the Ultrabook device progression and expected to reduce power consumption to half of the thermal design point for today’s microprocessors.

Intel Capital said it has a track record of driving innovation and growth in computing through dedicated and consistent investments in start-ups and companies at the cutting edge of technology innovation worldwide. By employing Intel’s core assets of architecture, engineering and manufacturing leadership along with capital investment, Intel Capital has helped to create the technology ecosystems which underlie many of the most widespread applications of technology today, Intel Capital asserted.

In addition to the Intel Capital Ultrabook Fund, Intel Capital has a number of dedicated funds that drive innovations in specific geographies and technology areas. Country-specific funds include the India Technology Fund, China Technology Fund II, Brazil Technology Fund and Middle East and Turkey Fund. Past technology specific funds have included the Intel Digital Home Fund and Intel Communications Fund.

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