Intel Capital Announces Investment in SanJet Technology
Published on: 30th Dec 2013
By: Ian Mansfield
Intel Capital says that it has made an investment in SanJet Technology a digital image solution provider in greater China. The investment will support the development of SanJet's applications for wearable and vehicle devices.
SanJet designs and manufactures a range of portable digital video recorders including dashboard DVRs (digital video recorders), action cameras, IP cameras, and wearable cameras. The company also develops Wi-Fi communication, wide-angle with high resolution, witness and hands-free camera products.
"SanJet is well-placed to capitalize on the growing demand for video consumption in and around the vehicle with the technology advancements the company has made," said Sudheer Kuppam, Managing Director, Asia Pacific region, Intel Capital. "We are excited by their roadmap and the potential that they bring to high end smart monitoring devices."
The SanJet investment completes a successful 2013 for Intel Capital in Taiwan, where it has invested over USD260 million in more than 40 technology companies since 1999.