Intel Capital announces investments in three Chinese technology startups

Intel Capital announces investments in three Chinese technology startups

FILE PHOTO: An Intel logo is seen at the company's offices in Petah Tikva, near Tel Aviv, Israel, October 24, 2011. REUTERS/Nir Elias/File Photo

Intel Capital, the global investment arm of Silicon Valley-headquartered Intel Corporation, has invested in three Chinese technology startups as part of its 12 new technology investments totalling $72 million.

During the Intel Capital Global Summit in California, the firm said it has invested in Chinese tech startups Reconova, Alauda, and Espressif Systems. The amount that the firm invested in each startup, however, was not disclosed.

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