Intel appears to be on a determined, if not somewhat puzzling, spending spree, the New York Times reports. In August the company acquired McAfee, the security software vendor, for nearly $8 billion. Then, the company bought the unit of Infineon that makes the wireless chips used in laptops and smartphones such as the iPhone. On Oct. 21, the investment arm of the company, called Intel Capital, said it is making an investment in OpenFeint, a mobile gaming platform that lets developers add social-networking features, like real-time chat, to their applications. Lisa Lambert, vice president of Intel Capital, said the company was looking to “to build software ecosystems around our platforms. That is a huge part of our strategy over all.”
Laura Ascione is the Editorial Director at eSchool Media. She is a graduate of the University of Maryland's prestigious Philip Merrill College of Journalism.
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