Intel plays five per cent rule six times in three days
Quokka Sports? What that?
Intel has filed a total of six form SC 13Gs with the Securities and Exchange Commission (SEC) in the last three days, showing that it has made investments of less than five per cent in the different firms. The ownership statements cover smarterkids.com, Quokka Sports Inc, Liquid Audio Inc, Launch Media Inc, VA Linux Systems Inc and Ticketmaster Online Ticket Service. The division of Intel which makes these type of investments, Intel Capital, has already a formidable array of companies that it has put money into. At the Intel Capital site, there is a formidable list of companies the chip giant has invested in. Intel explained its investment strategy to The Register last year. It sometimes dips into and out of companies but sometimes ends up buying companies that it previously made an investment in. ®
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