Friday, October 3, 2008

Intel Capital and WPG said to be teaming up again

Intel Capital is said to be in talks with WPG Holdings with the aim of inking distribution agreements for seven of its investment concerns with member companies of the WPG Group, according to market sources.

Intel Capital invests in new companies which have high growth potential and therefore need the support of a strong distributor, such as WPG, the leading IC distributor in the Asia-Pacific region, the sources noted.

Last year, Intel Capital approached WPG with six companies, four of which signed contracts with WPG. Two of these companies have already started shipping products, the sources added.

From : http://www.digitimes.com/