Intel stake in Esoft? 666,666 shares…
Five per centers name of the game
The investment wing of Intel, Intel Capital, is busying itself in the financial markets. Last November, the chip firm invested in Linux company Esoft, as the Intel press release here describes. But, according to US law, forms must be filed with the Security and Equities Commission (SEC) for transactions of this type. And the filing, yesterday, shows that Intel has 666,666 shares in the Linux company. That cannot be a coincidence, can it? It also bought five per cent shareholdings in Centerspan Communications, and in Bamboo.com on the 28th of January. That latter URL points to a firm called Ipix, the Internet Pictures Corporation. Intel Capital is now making waves in the investment community. Last year, its financial brains, Les Vadasz, explained to The Register the basis of the firm's investment decisions. ®
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