Intel Plugs Into Solar Power

Stock quotes in this article: INTC , IBM , CY , AMAT  

"SpectraWatt is a great example of technology resulting from entrepreneurial efforts inside Intel," said Intel Capital President Arvind Sodhani, in a statement. He said the deal represents an important investment for Intel in the so-called Cleantech industry, and that he looked forward to working with the company to support its expansion.

It's unclear how large Intel's stake in the new venture is.

Intel shares closed Monday's regular session up 20 cents at $22.85.

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