Intel Capital launches $500 million China fund
The launch of the firmÆs second technology fund in China û and its largest single-country fund worldwide û coincides with its tenth year of investing in the mainland.
Intel Capital has launched its second investment fund in the mainland, the Intel Capital China Technology Fund II.
The new $500 million fund will be used for investments in wireless broadband, technology, media, telecommunications and so-called clean technology. The firm will be looking for investments that will complement the initiatives of its parent company, Intel Corporation, and help expand technology market segments in China.
Intel Capital plans to fully invest the fund within three to five years. It took...
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