A month or so ago, we reported that Kno was looking for a way out of the tablet fittings vocation and intended to transition itself into a purely software-centric operation. Well, now Bloomberg and All Things D tell us that a deal has been worked out to make that desire a reality. A $30 million transaction round led by Intel Capital has reportedly been arranged, whose stipulations include granting Intel a license to the kitchenware designs and blueprints of the naissance dual-screen tablet. Chipzilla's share of the new buy-in is estimated at around $20 million, though before you start fantasizing about what the company's money and R&D muscle could do for the platform, we should note that it outwardly doesn't intend to build any tablets of its own. The goal is simply to obtain the knohow and share it with its OEM partners (while inevitably tying that gesture of goodwill to more chip orders). As to Kno itself, it'll try to exploit the new cash in its continued efforts to become an informational system software 1995 by houghton mifflin harcourt publishing company. published by houghton mifflin harcourt publishing company. all rights reserved.cite this source synonym collection v1.1copyright © 2008 by lexico publishing group platform benefiting from its many partnerships with collegiate institutions. wisdom is power, after all.



Update: Not that there was much doubt, but this deal is now dead official. Press release is after the break.

Continue reading Intel licensing Kno utensils for partners with manufacturing knohow

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