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Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel Licenses Student Tablet Hardware Design

According to the article linked below, Kno is out of the hardware business. I hope this is a positive thing, and allows Know to focus on the software and encourage the “heavy hitters’ in the tablet space to make tablets which support both, “finger based” and stylus input, which should expand the business practically of tablets.

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Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel Licenses Student Tablet Hardware Design.

According to sources close to the situation, Intel Capital and Advance Publications will lead a $30 million investment round in Kno, the high-profile student tablet start-up.

In addition to the funding from its venture capital arm, Intel itself will license the hardware design of Kno, which will now focus on its software to manage the devices that are aimed at the college market.

Intel will not manufacture tablets, but take its hardware blueprints and share it with their OEM partners.

Kno is now officially out of the hardware business.

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This entry was posted on April 8, 2011 at 11:51 am and is filed under eBooks, Tablets. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

One Response to “Intel Capital, Condé Nast Owner Invest $30 Million in Kno; Intel Licenses Student Tablet Hardware Design”

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    May 11, 2011 at 6:59 am | Reply

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