Intel will invest $300 million during the next three to four years in an effort to speed up the development of its new “Ultrabook” category of laptops, Bloomberg reported on Thursday. Intel will provide its hardware and software partners with funding and hopes that the cash will be enough for its partners to develop Ultrabooks that can last a full day on a single charge. “The Intel Capital Ultrabook fund will focus on investing in companies building technologies that will help revolutionize the computing experience and morph today's mobile computers into the next ‘must have' device,” Intel Capital Corp.
Boy Genius Report, Intel to invest $300 million in Ultrabooks
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