Intel Corp. said Thursday that its investment arm has allocated $24 million to buy pieces of various software companies.
The new investments include DynamicOps of Burlington, Mass., which makes automation software for businesses; enLighted of Sunnyvale, Calif., whose software manages "smart" lighting systems for buildings; Guavus of Santa Clara, Calif., which makes analytics software; IP Commerce of Denver, whose software helps companies build sales applications; and Swrve New Media of San Francisco, which makes analytics software for social games.
Intel has also added to existing investments in Palo Alto, Calif.-based Revolution Analytics, which does analytics, and Los Angeles-based Gaikai, which makes video-game streaming software.
"The best computing experiences unite leading-edge hardware with amazing software," Arvind Sodhani, president of Intel Capital, said in a statement. "These investments in best-of-breed software vendors play an integral part in Intel's software strategy by fueling the creation of compelling and unique user experiences across devices. They also demonstrate our stage-agnostic approach to investing in support of this ecosystem."
Intel shares rose 2 cents, or 0.1 percent, to $19.92.
