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Intel Capital announces 10 tech investments, 5 in Asia

3 Oct 2012

Corporate venture capital group Intel Capital has announced investments in ten technology companies totalling approximately $40m.

The investments are in companies from China, South Korea, Taiwan, Brazil, India and the US.

These include secure content sharing platform Box; Bollywood and South-Asian content distributor Hungama.com; Taiwanese integrated circuit design house FocalTech; social radio platform Jelli; Korean social game developer LIFO Interactive; mobile proximity platform NewAer; Brazil e-payment platform PagPop; cloud services provider Tier 3; Chinese 3-D game developer Transmension; and Chinese mobile advertising provider UUCun.

Financial details of each investment were not disclosed.

In 2011, Intel Capital invested $526m in 158 investments with approximately 51 per cent of funds invested outside the US and Canada.

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