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Intel Invests $22 Million More in IoT, Other Startups

Intel is investing another $22 million in 10 startups focused on communications, networking, IoT and other new industry segments for the chipmaker. The most recent investment by Intel Capital, the vendor's investment arm, brings the company’s total investment in start-ups this year to more than $500 million, according to Wendell Brooks, corporate vice president of Intel and incoming president of Intel Capital. The investments were announced Nov. 3 at the annual two-day Intel Capital Global Summit.

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