AAA Intel gees up in China

Intel gees up in China

Intel Capital, the global investment and M&A organization of semiconductor company Intel, has invested in big data, mobile marketing company Shanghai Yeapoo Information Technology Co., Ltd. (Yeapoo), as well as signing agreements to invest in data storage infrastructure company Tianjin Zhongke BlueWhale Information Technology Co., Ltd. (BlueWhale) and cloud infrastructure operator Wuxi China Cloud Technology Service Co., Ltd. (China Cloud).

Intel Capital states: “As the Year of Horse begins, Intel Capital is leading the herd by fostering technology and business innovations in China’s cloud computing and big data industries through three new investments.”

Arvind Sodhani, executive vice president of Intel and president of Intel Capital, said: “We’re proud to support BlueWhale, China Cloud and Yeapoo as they shape the cloud computing and big data ecosystems in China.”

“Cloud computing, big data, and mobile Internet have brought a series of profound changes,” said Ian Yang, Corporate Vice President and President of Intel China. “We believe our continuous investment in China, our commitment to industrial partners, and our leading position in the HTML5 and WebRTC fields will accelerate the development of China’s technology ecosystem and the growth of Chinese start-ups.”

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