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This is an archive article published on May 25, 2006

Intel to invest in more Indian tech firms

Intel Capital, the venture capital arm of tech major Intel Corp, is looking at increasing its exposure in the Indian market even as it picked up a minority stake in Chennai-based digital cinema-technology company Real Image Technologies

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Intel Capital, the venture capital arm of tech major Intel Corp, is looking at increasing its exposure in the Indian market even as it picked up a minority stake in Chennai-based digital cinema-technology company Real Image Technologies (RIT) through its $250 million Indian Technology Fund.

‘‘We want to invest in a company which makes technology that caters to the global needs. We see a lot of such companies in the Indian market and we will continue to invest and increase our exposure in Indian IT companies,’’ Intel Capital president Arvind Sodhani said on Wednesday.

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