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Sovereign Wealth Funds Briefing - Categorized | Market

CIC bets on new technology

Posted on 16 February 2010

From Globalpensions.com: The China Investment Corp. (CIC) has partnered with chip maker Intel to invest in technology innovation, Intel said. CIC and Intel’s investment management arm Intel Capital, will invest “in pioneering companies across a wide array of technology sectors including cleantech, software and services, mobility and digital home”, Intel said.

The two investors will target companies outside of China, but Intel did not provide details regarding the amount of capital to be invested…………………………………..Full Article: Source

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