Intel Capital, the corporate venturing unit of semiconductor company Intel, has bought a 7.7% stake in a Japan-based electronic books company.
Toppan Printing’s Bitway subsidiary is next month opening its BookLive store.
News provider Nikkei said Intel’s Japanese unit would help develop software and provide other technical support for the store, which will open early next month after Intel Capital invested an undisclosed amount for its minority stake in Bitway.