Intel Capital Asia Pacific takes warrants to convert to equity in Allied Digital Services.
US-listed semiconductor company Intel’s corporate venturing division has bought warrants in India-based Allied Digital Services that can convert to 3% of the information technology infrastructure services provider.
Sudheer Kuppam, managing director of Intel Capital Asia Pacific, said: "The enterprise remote infrastructure management segment is positioned for tremendous growth over the next several years. Allied Digital is one of the technology leaders in this space."
Allied Digital, through its US subsidiary, has been using Intel’s Core vPro Processors in its remote…
