Aussie firm scores windfall from Intel 64 Fund

Local software vendor Aurema has received funding from the Intel 64 Fund to develop resource management technology for Intel processors.

Aurema, which specialises in active resource management technologies, received an undisclosed amount of funding from the quarter of a billion dollar equity fund which invests in emerging tools and technologies for Internet, enterprise and workstation solutions.

The investment will support the company's development of an optimised version of its ARMTech resource management technology for Intel's IA-64 products, starting with the Intel Itanium processor.

Karl Rodrigues, business development manager for Intel Capital, said: "There is technology in Australia at the high end of the computing space. This is a great general credit to information technology in Australia."

Aurema's president and CEO, Richard Osborne, said the investment will raise the profile of Australia.

"We have IT investment opportunities throughout Australia. We have world class intellectual property. What we are short on, as a nation, is strong management technology leadership. More and better technology leaders would raise our calibre as a nation."

Intel coordinates the Intel 64 Fund, with Compaq, Dell, HP, Intel, NEC, and SGI as co-investors while a swag of major US companies, such as Boeing, the Bank of America, SmithKline Beecham and Ford Motor Company, swells the list of investors.

Join the newsletter!

Or

Sign up to gain exclusive access to email subscriptions, event invitations, competitions, giveaways, and much more.

Membership is free, and your security and privacy remain protected. View our privacy policy before signing up.

Error: Please check your email address.
Keep up with the latest tech news, reviews and previews by subscribing to the Good Gear Guide newsletter.

Siobhan Chapman

PC World
Show Comments

Brand Post

Most Popular Reviews

Latest Articles

Resources

PCW Evaluation Team

Emily Tyson

MSI GE63 Raider

If you’re looking to invest in your next work horse laptop for work or home use, you can’t go wrong with the MSI GE63.

Laura Johnston

MSI GS65 Stealth Thin

If you can afford the price tag, it is well worth the money. It out performs any other laptop I have tried for gaming, and the transportable design and incredible display also make it ideal for work.

Andrew Teoh

Brother MFC-L9570CDW Multifunction Printer

Touch screen visibility and operation was great and easy to navigate. Each menu and sub-menu was in an understandable order and category

Louise Coady

Brother MFC-L9570CDW Multifunction Printer

The printer was convenient, produced clear and vibrant images and was very easy to use

Edwina Hargreaves

WD My Cloud Home

I would recommend this device for families and small businesses who want one safe place to store all their important digital content and a way to easily share it with friends, family, business partners, or customers.

Walid Mikhael

Brother QL-820NWB Professional Label Printer

It’s easy to set up, it’s compact and quiet when printing and to top if off, the print quality is excellent. This is hands down the best printer I’ve used for printing labels.

Featured Content

Product Launch Showcase

Latest Jobs

Don’t have an account? Sign up here

Don't have an account? Sign up now

Forgot password?