E nte rpri se Round -up
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Intel Capital Unveils $100 Million Intel Capital AppUp Fund Announces first investments
Intel Capital, Intel Corporation’s global investment and M&A organization, unveiled a $100 million Intel Capital AppUp Fund. The fund will invest in software tools and services companies developing innovative applications and digital content for the mobile and PC ecosystem available at the Intel AppUp center, Intel's convenient, personalized and secure app store for netbooks, consumer laptops and Ultrabooks. The initial two investments include Urban Airship, a mobile platform-as-a-service company and 4tiitoo, a German OSV and tab-
let device developer. The announcement was made at the 12th annual Intel Capital Global Summit. “The explosion of connected computing devices has created tremendous opportunity for entrepreneurs to create and build businesses to meet the unprecedented demand for new and innovative computing applications and digital content,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “The Intel Capital AppUp Fund will help encourage the creation of companies interested in delivering or enabling applications that enhance and extend the online experience for the 15 billion devices expected to be connected by 2015.” The Intel Capital AppUp Fund will invest in companies producing infrastructure, middleware, innovative applications and digital content across the continuum of connected devices in application developer-centric equity deals all over the world. The fund is built to advance computing innovations based on Intel architecture in key areas such as digital media consumption, context-aware computing and infrastructure applications. While the investments will focus across multiple technologies and devices, key areas include cross-platform technologies such as HTML5, as well as experiences designed specifically for Ultrabooks. “The Intel Capital AppUp Fund further demonstrates Intel’s support of the mobile market segment, and creating exciting apps and digital content for Intel architecture is at the center of our AppUp efforts,” said Renée James, Intel senior vice president and general manager of the Software and Services Group. “The fund provides us with a great opportunity to continue innovating, while also engaging with some of the most promising companies to help drive future software technology.”
Mobile Devices Grew 5.6 Percent in Q3, 2011 Smartphone
sales increased 42 percent Worldwide s a l e s o f m o b i l e devices totaled 440.5 million units in the third quarter of 2011, up 5.6 percent from the same period last year, according to Gartner, Inc. Non-smartphone devices performed well, driven by demand in emerging markets for low-cost devices from white-box manufacturers, and for dual-subscriber identity module (SIM) devices.
cto forum 21 November 2011
Smartphone sales to end users reached 115 million units in the third quarter of 2011, up 42 percent from the third quarter of 2010. Sequentially, smartphone sales slowed to 7 percent growth from the second quarter of 2011 to the third quarter of 2011. Smartphone sales accounted for 26 percent of all mobile phone sales, growing only marginally from 25 per-
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cent in the previous quarter. "Strong smartphone growth in China and Russia helped increase overall volumes in the quarter, but demand for smartphones stalled in advanced markets such as Western Europe and the U.S. as many users waited for new flagship devices featuring new versions of the key operating systems," said Roberta Cozza, principal research analyst at Gartner. The Android OS accounted for 52.5 percent of smartphone sales to end users in the third quarter of 2011, more than doubling its market share from the third quarter of 2010.
uawei Technologies Co., Ltd. and Symantec Corp. recently announced an agreement on a transaction where Huawei will acquire Symantec’s 49 percent stake in Huawei Symantec Technologies Co., Ltd. (Huawei Symantec) for $530 million. Upon closing, the agreement will give Huawei full ownership of Huawei Symantec. Huawei Symantec is a Hong Kong-based joint venture established by Huawei and Symantec in 2008.The company provides customers with innovative security, storage and systems management solutions. Over the past few months, Huawei and Symantec have held several rounds of discussions and negotiations over the future of the joint venture. Huawei and Symantec have mutually agreed that the next stage of growth for the joint venture would benefit from the direction of a single owner. “The integration of Huawei Symantec’s innovative security and storage technology with Huawei’s enterprise products will reinforce Huawei’s position in cloud computing,” said Guo Ping, Deputy Chairman of Huawei. “Huawei Symantec has achieved tremendous success in the past four years, having built a portfolio of products and solutions that are widely recognised by our customers. Looking ahead, Huawei will continue to increase investment in Huawei Symantec.”