Bangalore, Oct 5: Intel Corp., the world's largest computer chip maker, said on Tuesday it had invested an undisclosed amount in Indian computer software firm Silicon Automation Systems Ltd (SAS). "Our investment in SAS continues Intel's strategy of accelerating the deployment of high-speed broadband services to homes and businesses worldwide," Atul Vijaykar, Intel's director for South Asia, told a news conference.SAS, based in the southern Indian city of Bangalore, develops software solutions in telecommunications, signal processing and design tools. Vijaykar said SAS's broadband focus was consistent with Intel's long term approach to be the leading supplier of building blocks in the Internet economy.
Rajiv Mody, chief executive officer of SAS, said the investment by Intel would help strengthen SAS's marketing activities, infrastructure development and development of more advanced communication technologies.
Vijaykar said SAS was the sixth company Intel had invested in in India through its global venture capital fund and the investments were typically not more than 10 percent of the total equity of the firms.
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