Intel puts cash into e-firm Resonate

An e-business company has received an injection of $13 million from a gaggle of investors including Intel. The money is not the first Resonate has received from Intel, which over the last year has pursued an Internet strategy which has sometimes resulted -- as in Level One's case -- in a takeover. Resonate customers include DoubleClick, Sun, Excite, E*TRADE, Fedex and GeoCities. Resonate's other partners include Tivoli, Sun, Siebel and Red Hat, and its products and solutions are aimed at keeping Web site availability high and optimised. ®