Intel Invests $26 Million In Mobile Technology

NEW YORK (AP) -- Chip maker Intel Corp. said Monday it has invested a total of $26 million in six companies offering mobile products and services.

All six companies have developed technologies that span across a variety of devices, including mobile phones, tablet computers and laptops, Intel said.

"These six investments represent key growth areas of the mobile ecosystem and will contribute to bringing important features to the next generation of mobile devices," said Arvind Sodhani, president of Intel Capital, which made the investments, and executive vice president of Intelt.

The companies are open source mobile software company Borqs; location-based mapping company CloudMade; image sensor vendor InVisage; open source online video company Kaltura; online authentication provider SecureKey Technologies and communications and collaboration software provider VisionOSS Solutions.

Intel made the announcement at the Mobile World Congress in Barcelona, Spain.

Shares of Intel, which is based in Santa Clara, Calif., fell 11 cents to $21.65 in afternoon trading.