Marking the first distribution from Intel’s recently-created $200 million Intel Capital China Technology Fund, the company reported today three investments, and among them Onewave, an IPTV solutions provider in China. The amount was not disclosed.
Onewave’s technology enables IPTV delivery to homes through broadband Internet connections. Recently, Onewave and Chunghwa Telecom have partnered to deliver VOD in five cities across the U.S.. Onewave’s subsidiary company, Viewtoo is a content aggregator in China, with over 15,000 hours of licensed content.
Intel made two more investment..details on those are here.
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