Intel Capital Takes Stake In Telligent
Santa Clara-based Intel Capital said Tuesday that the firm has taken a stake in Telligent Systems, a maker of enterprise social networking software. According to Intel, it has agreed to take a $20M stake in Dallas-based Telligent, whose software is used by companies for internal social networking and communications. Intel is a customer of Telligent. According to Intel, Telligent will use the funding to expand its sals teams and territories, as well as for marketing, advertising, and product development.
posted on Tuesday, September 23, 2008 (Link to more information)
Related companies:
Intel
Related stories:
> VMware Sells Zimbra
> Intel Pays $1.5 Billion For Stake In Chinese Firms
> Altobridge Takes $12M From Intel, Others
> Intel Invests $24.8M Into Vuzix
> Intel Fined $1.45 Billion By EU
silicontap.com Home