Telligent Systems gets investment from Intel
September 24th, 2008 Leave a comment Visited 26 times, 3 so far today
Telligent Systems gets investment from Intel
Intel Capital is the global investment division of microprocessor industry giant Intel.
Intel Capital has now announced their decision to acquire a stake in social computing and business intelligence company Telligent Systems.
This deal is worth around USD 20 million.
The company said that this investment would give them a “meaningful position” in Telligent. No further details were revealed.
Telligent said that they would use these funds to expand its sales teams and to support growth in various markets.
Intel, Intel Capital, Investments, Telligent, Telligent Systems, Venture Capital
Manuj Kumar
Category: News
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