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BEIJING, Sept 21, 2011 - (ACN Newswire) - According to the recent research of Chinabagsnet.com, in recent years, Intel has been making a lot of investment in order to develop. This time, the IT giant Intel chose Insyde, which is a company that designs software professionally. Intel invested $10 million to the Insyde Company for the related research of Android system.
Chinabagsnet.com (http://www.chinabagsnet.com/product/) reports that between 2007 and 2008, Intel in fact had made many investments to Insyde, but the total amount is approximately $ 3 million. Now, taking into account the cooperation with Google and providing the chip for the Android operating system, Intel found that their research is in urgent need of assistance.
However, in fact, the related research about the Android system is not Insyde's major project. Chinabagsnet.com analyzes that it is mainly involved in the research and development of PC-BIOS system. Nevertheless, Insyde has developed a system Humanos based on Android, so this investment in Insyde will bring Intel new resources.
Intel (http://www.chinabagsnet.com/wholesale-microsoft_office_2003_enterprise/) will give Insyde a total amount of $ 10.06 million to gain 8.24% of the shares of Insyde. Insyde has made it clear that they are working on the related research about Android system. Chinabagsnet.com points out that, eventually, whether Intel can create their own operating system becomes a strong competitor of the existing software platform remains to be seen.
Contact:
http://www.chinabagsnet.com/
Email: my@chinabagsnet.com
Topic: Press release summary
Source: Chinabagsnet.com
Sectors: Daily Finance, IT Individual
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From the Asia Corporate News Network
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