Car parts maker Valeo has acquired a 50% stake in CloudMade while Nasdaq-listed game producer Glu Mobile said it has acquired a controlling interest in Crowdstar.
Intel Capital, US-based chipmaker Intel’s corporate venturing unit, has sold stakes in two companies.
France-headquartered car parts provider Valeo has acquired a 50% stake in CloudMade, the US-based developer of a machine-learning mapping platform for connected cars. CloudMade was one of six companies in which Intel Capital invested an aggregate of $26m in 2011.
Separately, Nasdaq-listed mobile game producer Glu Mobile said it had acquired a controlling interest in Crowdstar, a mobile and social gaming company focused on women, in an…
