Featured Articles

IHS teardown reveals Galaxy S5 BOM

IHS teardown reveals Galaxy S5 BOM

Research firm IHS got hold of Samsung’s new flagship smartphone and took it apart to the last bolt to figure out…

More...
Galaxy S5, HTC One M8 available selling well

Galaxy S5, HTC One M8 available selling well

Samsung’s Galaxy S5 has finally gone on sale and it can be yours for €699, which is quite a lot of…

More...
Intel lists Haswell refresh parts

Intel lists Haswell refresh parts

Intel has added a load of Haswell refresh parts to its official price list and there really aren’t any surprises to…

More...
Respawn confirms Titanfall DLC for May

Respawn confirms Titanfall DLC for May

During his appearance at PAX East panel and confirmed on Twitter, Titanfall developer Respawn confirmed that the first DLC pack for…

More...
KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 GTX 780 Ti Hall Of Fame reviewed

KFA2 gained a lot of overclocking experience with the GTX 780 Hall of Fame (HOF), which we had a chance to…

More...
Frontpage Slideshow | Copyright © 2006-2010 orks, a business unit of Nuevvo Webware Ltd.
Monday, 06 September 2010 09:16

Intel buys tiny Israel startup

Written by Nick Farell
intel_logo_new

Looking for virtualisation secrets
Chip giant Intel has rushed out and purchased a tiny Israeli PC virtualization start-up Neocleus. While this is not the biggest buy-out Intel has done, it is certainly one of the strangest.

Neocleus was bought for few hundred thousand dollars, which is less than the Intel CEO Paul Otellini's entertainment cabinet budget. The company's 15-20 employees will join Intel Israel's R&D center.

Neocleus CEO Ariel Gorfung and CTO Etay Bogner founded the company in 2006. However, it did not end up doing very well. Over the years, its investors poured $22 million into the outfit. Most of the investment was by Battery Ventures and Gemini Israel Funds, who are unlikely to see any of their money back.

Intel was never a partner of Neocleus, but the start-up uses Chipzilla gear for its virtualization. It seems that Intel has seen something useful in the pile of technology Neocleus came up with and bought the startup as cheap as chips.

Last modified on Monday, 06 September 2010 09:36

Nick Farell

E-mail: This e-mail address is being protected from spambots. You need JavaScript enabled to view it
blog comments powered by Disqus

Comments  

 
-1 #1 Fud_u 2010-09-07 01:47
Intel on the buying spree holiday weekend. Intel could of buy off Nvidia but Nvidia started the CPU vs. GPU war and both parties got mad :(


Why can't they get along like DAAMIT?
 

To be able to post comments please log-in with Disqus

 

Facebook activity

Latest Commented Articles

Recent Comments