Intel Capital Buys B-Mobile Stake
Intel Capital, the venture capital arm of semiconductor chip-maker Intel Corp., has invested in a Tokyo-based mobile virtual network operator that is offering nationwide fixed-price wireless access through both wireless LAN and mobile telephone networks. The investment, the value of which was not disclosed, makes Intel Capital a minority shareholder in Japan Communications Inc. and is aimed at giving a boost to the company, and ultimately the domestic market for wireless data communications, company executives said at a Tokyo news conference on Thursday.