Investment -- Engadget

investment posts

Samsung invests in Fusion-io, takes relationship to 'a new level'

by Vladislav Savov posted Oct 21st 2009 at 4:55AM

Specializing in PCI Express-mounted flash storage, Fusion-io has managed to not only survive in these tough economic times, but garner additional investments from some clearly impressed onlookers. Loathe to be left out of the loop, Samsung -- the world's biggest NAND flash manufacturer and also Fusion-io's chief supplier -- has thrown some cash at the young startup company, and declared that the pair are now officially dating. Or, in their parlance, they've agreed to "jointly evaluate technology for new SSD applications." Samsung won't have any board level influence, but providing a reliable supply chain and the clout of its name should ensure that Fusion-io is around long enough for us to eventually be able to afford an ioDrive.

[Via PC World]

Intel spearheads SpectraWatt spin-off to create photovoltaic cells

by Darren Murph posted Jun 16th 2008 at 11:57PM

Famed chip maker Intel is doing more than just buying up Renewable Energy Certificates like they're going out of style. It's cranking things up with a spin-off outfit that will soon be creating photovoltaic cells for solar module makers. Intel Capital is pouring some $50 million into SpectraWatt Inc., and it's being joined by Cogentrix Energy, PCG Clean Energy and Technology Fund and Solon AG. Aside from making that dough, the new company will also "concentrate development efforts on improvements in current manufacturing processes and capabilities to reduce the cost of photovoltaic energy generation," and if everything goes smoothly, it should break ground on its manufacturing and development facility in Oregon in 2H 2008 (with product shipping in mid-2009).

Sony sells "substantial" stake to Dubai investment firm

by Ryan Block posted Nov 26th 2007 at 3:31PM

Stringer-san, Hirai-San, everyone at Sony, say hello to your new part owners: Dubai International Capital, run by UAE Prime Minister and ruler of Dubai Sheikh Mohammed bin Rashid Al Maktoum. According to the Journal the investment is for a stake under 5% of the total company since there were no legally-required Japanese security filings to indicate otherwise. No real idea how much this chunk of Sony went for, but whatever it cost we're sure it was only a drop in the bucket for a dude with enough money to make Billy G. and Carlos Slim scoot over a seat at dinner. BTW, Sheikh RRAM (can we call you that?), do us a solid and get Sony to resurrect Aibo and QRIO, cool? Much love. [Warning: subscription req'd for read link]

AMD sinks $7.5 million into Transmeta

by Darren Murph posted Jul 7th 2007 at 12:36PM

Shortly after months of bickering with Intel, Transmeta finally took its ungraceful bow out of the CPU business, but apparently AMD sees something within the company worth investing in. Yesterday, AMD announced that it would be investing $7.5 million in Transmeta in exchange for Transmeta preferred stock, a move that was eloquently dubbed "a strategic investment in the future of Transmeta." Les Crudele, president and CEO of Transmeta, was quoted as saying that his firm looked forward to "continuing its collaboration with AMD on technology initiatives in the future," and AMD returned the lip service favor by boasting about how vital Transmeta was in bringing its AMD64 technology to market. Aw, how touching.

[Via CNET]

Emotive's Push Ringer overrides ringtones; pranksters overjoyed

by Darren Murph posted Apr 20th 2007 at 11:17PM

Forget personalized ringtones and ringbacks, the next tween obsession has arrived in the form of Push Ringer, which "enables a caller to push an outgoing ringtone to the receiving phone -- allowing the caller, not the called person -- to set the tone." We're assuming you're either elated or sighing mightily after reading that, but there's 7.7 million reasons why you wish you would've implemented it first. A group of deep-pocketed investors have sunk $7.7 million into Emotive Communications' flagship idea, which temporarily overrides the phone's preset ringer, and moreover, allows the recipient of the surprise sound-byte to "instantly buy a copy" if they so desire. Notably, this very service has already taken the VoIP world over, as Skype users are probably more familiar with the RingJacker concept. Now, who's down for inventing the Push Ringer Reverser to send a "you got punk'd" clip back at the egotistical sender?

[Via The Raw Feed]