| Home : August 27 2015 Computer News : Intel pumps $60 million into Chinese drone maker Yuneec |
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Intel pumps $60 million into Chinese drone maker Yuneec |
August 27, 2015
Intel has invested more than US$60 million in Yuneec International, a Chinese aviation company and drone maker, as the companies strike up a relationship to develop new products.
Intel has previously put money into Airware and PrecisionHawk, but the Yuneec deal marks its largest investment in a drone company.
The investment underscores Intel's growing interest in drones as potential computing platforms using its processors.
"At Intel we believe in a smart and connected world. And one of the best ways to bring that smart and connected world to everyone and everywhere has been drones," said Intel CEO Brian Krzanich, in a video announcing the deal on Wednesday.To read this article in full or to leave a comment, please click here
Link: http://www.pcworld.com/article/2976656/components-processors/intel-pumps-60-million-into-chinese-drone-maker-yuneec.html#tk.rss_all
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