“Conectiva today announced it has received investments from
Intel Capital and LatinTech Capital (formerly Latinvest On-line
S.A.). Financial details were not disclosed.”
“Conectiva is currently developing a Latin American version of
Linux, as well as other additional products aiming and stimulating
Open Source software adoption within the region. The companies have
signed a technology cooperation agreement, including several
functionalities that will be developed by Conectiva aimed at
expanding Linux support and efficiency in Intel platform-based
equipment.”
“Conectiva will use the investment to help expand its
service network to other Latin American locations; stimulate Open
Source application software projects in vertical markets such as
education, SOHO and public administration, among others; and
consolidate its service provider partnership network in the
supporting, consulting and training areas throughout Latin
America.”