Paul, Intel investors, Intel Invests In Another Linux Start-up: esoft, easy name to remember.
Tony
techweb.com
Microprocessor giant Intel has
purchased a 6 percent stake in
eSoft, a developer of Linux-based
Internet and networking
appliances, according to
documents filed this week with the
Securities and Exchange
Commission.
The filings show Intel spent $3 million to
acquire 666,666 shares of the Broomfield,
Colo., company.
The disclosure is another indication that
Intel is becoming increasingly serious
about using Linux as a platform for a range
of computing devices. Last week, Intel
introduced Linux-based consumer
appliances at the Consumer Electronics
Show in Las Vegas, and the company's
forthcoming 64-bit processor, called
Itanium, will support the fledgling
operating system.
Intel has previously invested in a number
of other Linux developers, including Red
Hat, VA Linux, and TurboLinux.
"Our customers and our OEMs are
increasingly demanding Linux as an
option, so this is one way that we can
ensure that it is optimized for the Intel
architecture," an Intel spokesman said.
ESoft announced Intel's intention to
acquire a portion of its stock in
November, but terms were not disclosed
at the time. |
