Only two things are infinite, the universe and human stupidity, and I'm not sure about the first - Einstein
FIRMS WITH TECH designed for Meego and Android have attracted funding from Intel which is investing $26 million in six mobile technology companies whose expertise includes open source and location-based mapping software.
This is not the first time Intel has invested in mobile. It joined forces with Nokia to deliver the Meego operating system for smartphones, tablets, netbooks and car infotainment systems. Shame then that Nokia only wants to use it for a one-off device and then wind it into a long term research project. Intel's plans however might be more interesting.
The six beneficiaries of the investment funds are Borqs, Cloudmade, Invisage, Kaltura, Securekey Technnologies and Visionoss Solutions, all of which Intel sees as important contributors to key growth sectors of the mobile industry, unsurprisingly.
For Arvind Sodhani, president of Intel Capital, the investment "creates an opportunity to deliver new end-user capabilities by supporting the development of mobile infrastructure, applications, services and components for Intel architecture-based platforms."
Meego could be such a platform. Of those firms, Kaltura provides an open source video platform used by over 100,000 companies for their websites. Intel says the "high-quality media-rich video" is being particularly sought for the MeeGo operating system. Who knew?
Borqs works in the open source field with phone manufacturers, semiconductor firms and mobile operators to enhance Google's Android operating system for individual companies' requirements.
Cloudmade provides location-based applications for a variety of web browsers and mobile operating systems, including mapping software. It has over 16,000 developers using its tools.
Securekey Technologies makes security and encryption software for protecting debit, credit and identity smartcards. With Near Field Communications expected to boom over the next few years, it's unsurprising that Intel is parting with money here.
Visionoss Solutions delivers a unified communications and collaboration service delivery and management platform, which is real-time, fully automated, scalable and centralised.
In addition to the funding, several applications from the six companies will also be certified in Intel's Appup apps store. µ
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