Infrastructure // PC & Servers
News
7/29/2009
08:28 PM
50%
50%

Intel Unveils New Investments In Green Technology

Intel invested about $10 million in companies offering energy management tools for IT, the utility industry, and remote home monitoring and energy management.

Intel announced investments totaling about $10 million in five companies developing technology that contributes to a cleaner environment.

Intel made a first-time investment in CPower, a New York company offering energy management services and technology to businesses. The remaining four companies received money from Intel in the past. They include Powervation, an Irish company which provides digital power controllers for server, desktop computing and communication platforms.

Also, Convey Computer, based in Richardson, Texas, offers technology to reduce energy consumption and boost performance of high-performance computing systems. Grid Net, headquartered in San Francisco, provides policy-based network management software to the utility industry, and iControl, based in Palo Alto, Calif., offers security and broadband providers with an IP-based platform for remote home monitoring and energy management.

Intel Capital, the chip maker's investment arm, announced the latest investments Wednesday at Intel's Technology Summit in San Francisco. Intel is particularly interested in organizations that foster energy efficiency, alternative power generation and other areas that better the environment. The chip maker looks for organizations that support its Open Energy Initiative, which promotes standards-based, interoperable technology.

Founded in 1991, Intel Capital has invested more than $9 billion in more than 1,000 companies in 46 countries. In June, the organization said it would inject $43 million into UQ Communications, a Japanese company working on WiMax mobile services in Tokyo, Yokohama and Kawasaki, and Toyota International Airport.

InformationWeek has published an in-depth report on leading-edge government IT -- and how the technology involved may end up inside your business. Download the report here (registration required).

Comment  | 
Print  | 
More Insights
Server Market Splitsville
Server Market Splitsville
Just because the server market's in the doldrums doesn't mean innovation has ceased. Far from it -- server technology is enjoying the biggest renaissance since the dawn of x86 systems. But the primary driver is now service providers, not enterprises.
Register for InformationWeek Newsletters
White Papers
Current Issue
InformationWeek Tech Digest, Dec. 9, 2014
Apps will make or break the tablet as a work device, but don't shortchange critical factors related to hardware, security, peripherals, and integration.
Video
Slideshows
Twitter Feed
InformationWeek Radio
Archived InformationWeek Radio
Join us for a roundup of the top stories on InformationWeek.com for the week of December 14, 2014. Be here for the show and for the incredible Friday Afternoon Conversation that runs beside the program.
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.