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SRO: 'Please Take Our Money' [Intel venture investments]

Apr 03, 2000, 15:46 (0 Talkback[s])
(Other stories by Deborah Gage)

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"Intel is competing with multiple funding sources, many of which may provide more flexible terms or different types of relationships than the chip giant. "Money is a commodity now," says Steve Gertz of Diamond Technology Partners. "You have to offer companies something more.""

"But some companies considering investments from Intel say Intel needs to do more. Steeleye Technology, a Linux clustering start-up launched in January, has delayed signing with Intel. The company is busy examining other offers that may surpass Intel's in both flexibility and dollars."

"Intel investee Lutris Technologies says it's not sure when its open-source Java app server will be ready for Itanium. As part of the Intel 64 Fund, Lutris must work with IBM on Java and the Trillian project on Linux. Project Monterey from IBM also will figure into the mix. But all IA-64 operating systems still are in early testing, at best."

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