Intel invests in five 'digital home' companies

Intel invests in five 'digital home' companies

Intel has made new investments in five companies developing technologies that play into the chip maker's vision of a merged personal computer and consumer electronics industry, something Intel calls the digital home.

Companies receiving first-time funding from Intel Capital, Intel's venture capital organisation, are CableMatrix Technologies, Mediabolic and Pure Networks. Additional funding went to BridgeCo and Envivio, Intel said. Financial details of the investments were not disclosed.

The investments come from Intel Capital's $US200 million Digital Home Fund created in January. Intel Capital uses the fund to invest in companies that develop hardware, software as well as connectivity and supporting technologies that fit with Intel's digital home plans.

CableMatrix sells software that allows broadband service providers to offer media-rich services and applications to users such as video conferencing, online gaming and telephony.

Mediabolic offers digital home middleware that aggregates, organises and distributes digital media in a home, making content accessible anywhere in the house.

Pure Networks offers software that makes setting up a home network simple and connects home networking and connected entertainment devices found throughout a home.

BridgeCo, in Zurich, designs chips and software to wirelessly link PCs to consumer electronics devices so consumers can access media stored on their PC anywhere in the home. Intel first invested in BridgeCo two years ago. Envivio develops digital video software compression products and offers streaming media and broadcast tools for broadcasters, network operators, content developers and enterprises. Intel first invested in Envivio in 2002.

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