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Old 28-09-2008, 04:45 PM   #1
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[TheInquirer.com Processors] Intel invests in web 2.0 tech company

Sylvie Barak , Wednesday 24 September 2008. 13:51:00

Telligent decision

INTELíS LONG ARM of global investment, Intel Capital, said it will shell out $20 million for a stake in social software company Telligent Systems. Telligent, based in Dallas, makes software for the .NET and SQL Server platform with its claim to fame being the creation of the Community Server - a social not-working platform consisting of a core blog, forums, photo gallery, file sharing system and a whole plethora of other add-ons. The first transaction between the firms has already been completed but Intel Capital says it will pick up the rest of its undisclosed stake within the next year....






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