Intel Corporation (NASDAQ:INTC) has bought OpenedHand, a mobile Linux development company that is based in London, England. OpenedHand will be powering low-power laptops and mobile devices through their Linux software stack built for Intel Atom processors. The developers that focus on building the Linux software stack is known as the Mobile Software Platform community.

“Opened Hand brings great expertise and technology in the area of user-interaction frameworks, improving Intel’s ability to address the unique challenges of enabling cutting edge UIs for these new class of devices,” stated an Intel spokesperson.

(more…)

 
Intel Corporation (NASDAQ:INTC) has invested $17 million between 3 Indian companies. The three companies include Wortal Inc., Yatra.com, and Emnet Samsar Media.

Wortal Inc.
Wortal’s first product is called BuzzInTown.  Essentially BuzzInTown is a place where people in India can find things to do.  As globalization continues to spread in India and many business professionals are finding themselves flying to Bangalore to attend meetings, BuzzInTown is the place to find out what is happening while they are there.

Current cities that are support by BuzzInTown include Ahmedabad, Bangalore, Chennai, Hyderabad, Jaipur, Kolkata, Lucknow, Mumbai, and New Delhi.  BuzzInTown highlights books, events, musicals, plays, sports, live bands, expos, and other events.  Wortal Inc. was started by Uday Bellary and Amitabh Saran. 

Yatra.com
Yatra.com is one of the biggest travel websites in India.  Yatra provides pricing, availability, and reservations for hotels, cars, buses, etc. across 5,000 cities in India.  Other investers in Yatra.com include Norwest Venture Partners, Reliance Capital, and Television 18 Group. 

Yatra was founded by Dhruv Shringi, Manish Amin, and Sabina Chopra.  Yatra’s biggest competitors is MakeMyTrip.com.

Emnet Samsara Media
Emnet Samsar Media Pvt. Ltd. is a digital advertising company that focuses on the public transportation sector.  Emnet puts digital advertising campaigns to 4.8 million passengers of public transportation in India.  Emnet will be using the funding to build additional campaigns and reach out to more buses.  Emnet is run by CEO, Suyash Chaini.

Related Links:
1. BuzzInTown
2. Yatra.com
3. Wortal
4. TheAlarmClock
5. Intel Capital Press Release

CBS Corporation (NYSE:CBS) is launching a new service called CBS HD Gallery on CBS.com.  Intel Corporation (NASDAQ:INTC) is the exclusive launch partner of the CBS HD Gallery.  The CBS HD Gallery will include full episodes of CSI, Survivor, How I Met Your Mother, The Amazing Race, Big Brother, and The Big Bang Theory.

“The HD Gallery represents another milestone for experiencing CBS programs online,” stated Anthony Soohoo, SVP and GM of CBS Interactive.  “We’re focused on providing the highest quality audio and video that technology allows, and we’re working with leaders across the industry, and clients like Intel, to make that objective a reality.” 

Through the deal, Intel has solid advertisement placement around the video gallery.  Check out the below screen shot:

“Everyone knows that the world of entertainment is quickly shifting to digital video, from the creation of original Webisodes and home videos, to streaming TV shows online and an increasing amount of high-definition programming,” stated Heather Dixon of consumer marketing at Intel. “We’re loading Intel-based laptops and PCs with a variety of HD and video technologies and blazing fast processors so consumers can enjoy a stunning online experience from innovative sites like CBS HD, on the go or in the home. In fact, the timing of the CBS HD player couldn’t be more perfectly aligned with our own introduction of Intel Centrino 2 mobile technology for notebook PCs that offers native HD support and the battery life to enjoy several CBS online shows with one charge.”

The financial details of the partnership is undisclosed.  While CBS.com has made their own platform for distributing video content, NBC and FOX is using Hulu.

 
On June 6, 2005, Apple Inc. (NASDAQ:AAPL) signed a deal with Intel Corporation (NASDAQ:INTC).  Apple switched to using Intel’s chips despite the fact that Intel and Microsoft had a strong partnership.  Justin Rattner, CTO of Intel was skeptical about the Apple partnership because Steve Jobs is known for his sudden ramping up of products.

“Sometimes it’s a little scary because we’re just not used to going that fast,” stated Rattner. “They say, ‘We want to do this next year,’ and we go, ‘Whoa … next year?’ We’re just not built for that. But once you get past all that, I think it’s particularly exciting because they really pull it. And I think MacBook Air is a great example.” 

The success of Apple and Intel’s relationship is symoblized by the consumption of the Macbook Air this year.  The Macbook Air was the top-selling computer at Apple stores this year despite the lack of an removable battery and DVD/CD drive.

The Macbook Air “was the first time they actually worked together on a custom project,” stated Tim Bajarin, President of Creative Strategies. “Before that, everything was pretty much off the shelf. As a result, the relationship grew even further.”

Before signing the partnership with Intel, Steve Jobs would often times criticize Microsoft’s culture and technology along with large sizes of Intel processors.  Prior to the Intel partnership, Apple used PowerPC processors.  PowerPC was created through a partnership between Apple, Motorola, and IBM.

Last year Steve Jobs told the audience at WWDC that Intel had “come through every single time for us.”  Paul Otellini, CEO of Intel mentioned that the Apple partnership was one of the best accomplishments in his career.

Information Source:
[1] Apple and Intel: Best buddies by Jon Fortt

Seeing a VPN software company file for an IPO is interesting.  Personally, I’ve never heard of any other VPN company close to doing so.  LogMeIn hopes to raise $86.3 million through their IPO based on its filing with the SEC.  LogMeIn is based in Woburn, Mass.  According to GigaOM, LogMeIn sales reported a loss of $6.5 million in sales from December-September 2007 but grew 151% since the previous year’s 9 months.

LogMeIn uses P2P to connect users between their multiple computers.  Since LogMeIn focuses on enterprise P2P, an IPO could be of more serious interest to the stock market than if it was just open-source software.  LogMeIn is expected to trade under NASDAQ with the symbol, LOGM.

Previous investors of LogMeIn includes Intel, Polaris Venture Partners, Prism Venture Partners, Integral Capital Partners.  LogMeIn customers include 3M, AMD, CardinalHealth, Best Buy, IBM, DHL, SAP, and Rolls-Royce.