Geekzone: technology news, blogs, forums
Guest
Welcome Guest.
You haven't logged in yet. If you don't have an account you can register now.
Intel invest in socal media through Telligent
Posted on 29-Sep-2008 08:14. | Tags Filed under: News.



Intel Capital, Intel’s global investment organization, has agreed to acquire a US$20 million stake in Telligent Systems, makers of social computing solutions and business intelligence tools.

Telligent’s flagship product, Community Server, is an enterprise social computing platform with more than 3,000 customers and was among the first to offer a suite-based social collaboration solution. Community Server includes blogging, Web discussions, videos, Really Simple Syndication (RSS), wiki and rich user profiles.

Based in Dallas, Telligent will utilize the funds to expand its sales teams and territories, including growth in international markets, as well as increase its marketing and advertising initiatives and product development plans.

“Intel Capital makes strategic global investments to help provide enterprises with the latest tools they need for growth, innovation, productivity improvement and cost savings,” said Arvind Sodhani, president of Intel Capital and executive vice-president of Intel. “These social media applications offered by Telligent will help push the boundaries of online collaboration and communication allowing companies to be more efficient and productive.”

“The way people work together is changing and communication is happening in real-time at a much faster pace,” says Telligent CEO Rob Howard. “This significant investment from Intel Capital will allow us to grow our team, our capabilities and our reach during a time of market expansion.”

“Telligent's software solution brings the latest networking tools to the enterprise -- helping to advance teamwork and interaction between employers, employees and customers in a global landscape -- and will be a significant part of Intel Capital’s growing portfolio of Enterprise 2.0 investments,” said Lisa Lambert, managing director, Software & Solutions, Intel Capital.

Telligent has completed an initial closing with Intel Capital with the remainder of its stake to be acquired within twelve months subject to certain closing conditions.


More information: http://telligent.com/...

comments powered by Disqus




Trending now »

Hot discussions in our forums right now:

Gareth Morgan is a genius
Created by Satch, last reply by Rappelle on 8-Dec-2016 20:57 (65 replies)
Pages... 3 4 5


NZ Prime Minister John Key Resigns
Created by ajobbins, last reply by gzt on 8-Dec-2016 20:57 (213 replies)
Pages... 13 14 15


The President Of The USA - Who do you think?
Created by TimA, last reply by DarthKermit on 8-Dec-2016 16:22 (909 replies)
Pages... 59 60 61


Dishwasher not Working Properly
Created by tdgeek, last reply by mdav056 on 5-Dec-2016 20:18 (28 replies)
Pages... 2


Wilson's Car Park - When Free is not free
Created by nzkiwiman, last reply by ajobbins on 8-Dec-2016 13:31 (47 replies)
Pages... 2 3 4


Spark wireless broadband and home /lan access: CGNAT limitations
Created by yokkem, last reply by BarTender on 8-Dec-2016 15:57 (19 replies)
Pages... 2


Spark not planning to deploy native IPv6 at all. Ever.
Created by Erayd, last reply by sbiddle on 7-Dec-2016 20:57 (19 replies)
Pages... 2


JB Hifi Cost & GST Sale - 7th Dec
Created by Finch, last reply by Kopkiwi on 7-Dec-2016 15:11 (16 replies)
Pages... 2