Intel Boosts Investment in the Digital Home
 

SANTA CLARA, Calif., Dec 29, 2004 (BUSINESS WIRE) -- Intel Corporation today announced that its venture investing organization, Intel Capital, has made three additional investments in companies developing innovative technologies for the digital home.

The new investments, made from the $200 million Intel Digital Home Fund, include a first-time investment in Gteko Ltd., an ease-of-use networking and support software company, and follow-on financing for Synacor Inc., a provider of portals and technology for delivering bundled online services, and Zinio Systems Inc., a digital magazine distributor.

Financial terms of the new investments were not disclosed.

"These new investments were made to support widespread adoption, use and sharing of digital entertainment and information -- including music, games, news and video -- among multiple devices in the home and elsewhere," said Scott Darling, Intel Capital vice president and director of Enterprise and Digital Home sectors. "We plan to continue to invest next year in companies that enable PC and CE devices to work together easily and in companies that deliver premium content services over IP networks."

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