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Technology Stocks : Intel Corporation (INTC)

INTC 40.56

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Nov 28 9:30 AM EST

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To: Paul Engel who wrote (105201)	7/3/2000 9:11:53 AM
From: Proud_Infidel	Read Replies (1) of 186894

Intel KK Begins Data Center Services In Japan July 3, 2000 (TOKYO) -- Intel KK launched a new business offering data center services in Japan on June 30. The company has set up a data center in Tokyo from where it will offer client corporations both hosting services (managing servers that are leased to clients) and housing services (housing and operating hardware/software for clients). Intel will begin the new business with three clients: NEC Corp., toy-maker Tomy Co., Ltd. and Tokyo-based streaming video provider ORCA Vision Inc. The U.S. parent company Intel Corp. established the subsidiary Intel Online Services Inc. in September of 1999 to enter into the data center business in the United States. The company also conducts data center operations in the United Kingdom and Korea. With the establishment of the Tokyo base, the Intel group now has data centers in a total of six locations, and there are plans to locate another center in India within the year. Intel Online Services plans facility investments to the tune of US$1 billion by the end of 2001 in order to broaden the scope of its data center operations. For Intel, conducting data center operations on a global scale has advantages because the company wants to win multinational corporations as clients of its services. In Japan, NEC, Oki Electric Industry Co., Ltd. and PricewaterhouseCoopers Consultant will cooperate in finding new clients for its data center services. One potential client is the new company that NEC and Daiwa Institute of Research Ltd. plan to jointly establish by this fall. The new company is considering using Intel's data center to develop its business as an application service provider (ASP) for online securities trading services. Related stories: Exodus Communications Opens Tokyo Data Center IIJ, Samsung Tie Up to Operate Data Center for Mobile Internet in Korea (BizTech News Dept.)

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