int@j introduces 20 Jordanian ICT companies to Intel Capital

The event has focused on introducing the Jordanian ICT sector to Intel Capital and sharing various business aspects and relations among the various ICT sector companies and Intel.

The meeting also included one-to-one presentations by interested member companies of int@j where they has presented their plans, products, services and solutions to Intel focusing on local capabilities, companies' talented resources and value added services blended together towards positioning Jordan as the regional ICT leader and point of access.

Feroz Sanaulla, Intel Capital's Director of Middle East, Turkey, and Africa said:

"Intel Capital has a history of pioneering successful technology investments in developing markets to foster growth and innovation. We believe Jordanian ICT companies are well positioned in the region and we are keen on helping them drive technology adoption locally and identify new business opportunities globally."

Int@j is an Information and Communications Technology (ICT) industry-support association founded in 2000 with the aim of improving the dynamics of Jordan's ICT market and developing the Kingdom's ICT related activities. Since its establishment, Int@j has been exerting a lot of efforts aiming at advancing the Jordanian ICT sector. Int@j has been looking for various partnerships with different institutions on the local, regional and international levels aiming at creating better ICT industry in Jordan, increasing the awareness of ICT services and products, and stressing on the benefits of integrating ICT in other sectors.

The supporting company Intel Capital is Intel's global investment organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software, and services targeting enterprise, home, mobility, health, consumer Internet, semiconductor manufacturing and cleantech.

Since 1991, Intel Capital has invested more than $9bn in over 1,000 companies in 46 countries. In that timeframe, 174 portfolio companies have gone public on various exchanges around the world and 231 were acquired or participated in a merger. In 2008, Intel Capital invested about $1.59bn in 169 investments.