Thursday August 02, 2012

Intel Capital Invests in European Motion Sensing Technology Company

Today, Intel Capital is leading a new round of funding in French company Movea, a provider of motion sensing technologies. Movea specializes in developing unique motion sensing intelligence designed for software, embedded and semiconductor solutions. These technologies are widely used throughout the mobile industry to create an engaging user experience across consumer electronic products and applications geared towards sports, fitness and health. Intel Capital strives to expand its portfolio to include companies leading technology innovation worldwide and this investment in Movea supports the development of future breakthrough technologies in the motion sensing space.