Intel Capital to Acquire $20 Million Stake in Telligent
Intel Capital, Intel’s global investment organization, today announced an agreement to acquire a $20 million stake in Telligent Systems, makers of social computing solutions and business intelligence tools. Based in Dallas, Telligent will utilize the funds to expand its sales teams and territories, including growth in international markets, as well as increase its marketing and advertising initiatives and product development plans.
We know Telligent’s Community Server, but did you know that they now have more than 3,000 customers using their blogging, Web discussions, Wiki, photo and videos platform. Congrats to Ron and Scott, who have been on my blog roll since the day I began blogging on their platform.