08 Jan 2004
Intel has invested $200m in companies developing hardware and software technologies for the next-generation digital home.
The chip maker's Digital Home Fund initiative, which is managed by Intel Capital, will invest in companies developing hardware and software, as well as connectivity and supporting technologies.
The move aims to support technologies which advance Intel's goal of converging personal computers and consumer electronics devices on a "seamless, wireless home network".
Prior to the fund's formation, Intel Capital has invested in companies pursuing the digital home vision.
Examples include BridgeCo, which designs low-cost chips for digital media adapters that link home devices; Entropic, which designs chips for home networking over coaxial cabling; and Musicmatch, which sells software for recording, organising and playing music.
"The Digital Home Fund is designed to complement Intel products and accelerate development of key technologies and content which enhance and simplify the digital home experience," said John Miner, president of Intel Capital.
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