Intel pours $300m into ultrabook development

Intel pours $300m into ultrabook development

Summary: The fund will invest in companies working on user interfaces, longer battery life and new designs, as Intel throws its weight behind the 'ultrabook' category of laptops

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Intel rolled out an investment fund on Wednesday designed to bolster the technology ecosystem surrounding its ultrabook designs.

The ultrabook, introduced at Computex, is designed to be similar to Apple's MacBook Air while blending together features found in laptops and tablets. Intel is putting $300m (£185m) into the fund and has rolled out reference designs to manufacturers.

The Intel Capital Ultrabook Fund will invest in hardware and software companies focused on user interface via sensors and touch, longer battery life, storage capacity gains and new designs. The fund will invest the $300m over three to four years.

For more on this ZDNet UK-selected story, see Intel creates $300 million Ultrabook fund on ZDNet.com.


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