Intel investing $30 million in software companies

The investment arm of chip maker Intel is investing more than $30 million total into four different software developers.

Three of the companies, Adaptive Computing, Joyent and Nexant provide "cloud computing" technology, which allows computer users or companies to access software and data storage space over the Web.

A fourth company, Ciranova, makes software that is used by semiconductor companies making chips for mobile Web, broadband and high-definition multimedia.

Intel Corp. is based in Santa Clara, Calif.

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