| 07 Jul 2010 |
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int@j Introduces 7 Jordanian ICT Companies to Intel Capital
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Int@jInt@j
, the Information Technology Association of JordanInformation Technology Association of Jordan conducted an event with the globally recognized IntelIntel Capital, the venture capital investment arm of Intel CorporationIntel Corporation, and the event included more than 7 companies from the ICT community in Jordan on Thursday July 01, 2010.Feroz Sanaulla, IntelIntel Capital's Director of Middle East, Turkey, and Africa said "'IntelIntel Capital has a history of pioneering successful technology investments in developing markets to foster growth and innovation. We believe Jordanian ICT companies are well positioned in the region and we are keen on helping them drive technology adoption locally and identify new business opportunities globally."
The event focused on introducing the Jordanian ICT sector to IntelIntel Capital and sharing various business aspects and relations among the various ICT sector companies and IntelIntel.
Since its establishment, Int@jInt@j has been exerting a lot of efforts aiming at advancing the Jordanian ICT sector. Int@jInt@j has been looking for various partnerships with different institutions on the local, regional and international levels aiming at creating better ICT industry in Jordan, increasing the awareness of ICT services and products and stressing on the benefits of integrating ICT in other sectors.
The meeting included one-to-one presentations by member companies of int@jint@j
where they presented their plans, products, services and solutions to IntelIntel Capital focusing on local capabilities, companies' talented resources and value added services blended together towards positioning Jordan as the regional ICT leader and point of access, in addition to the importance of the MENA ICT Forum to be held at the King Hussein Bin Talal Business Park in Amman on Oct 10, 2010.The Information Technology Association of JordanInformation Technology Association of Jordan is an Information and Communications Technology (ICT) industry-support association founded in 2000 with the aim of improving the dynamics of Jordan's ICT market and developing the Kingdom's ICT related activities and currently holds more than 175 members.
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About IntelIntel Capital
IntelIntel Capital, IntelIntel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. IntelIntel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech. Since 1991, IntelIntel Capital has invested more than US$9 billion in over 1,000 companies in 46 countries. In that timeframe, 174 portfolio companies have gone public on various exchanges around the world and 231 were acquired or participated in a merger. In 2008, IntelIntel Capital invested about US$1.59 billion in 169 investments with approximately 62 percent of funds (excluding Clearwire) invested outside North America. For more information on IntelIntel Capital and its differentiated advantages, visit www.intelcapital.com.
For any questions or more information please contact
Abdelmajeed Shamlawi
Chief Executive Officer
int@j
Tel: +962 79 563 4435
Abed.Shamlawi@intaj.net
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