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Monday, 05/19/2008 2:51:38 AM

Monday, May 19, 2008 2:51:38 AM

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of interest...................
KUALA LUMPUR, May 19 (Reuters) - Intel Capital, a unit of chip giant Intel Corp (INTC.O: Quote, Profile, Research), said on Monday it expected to close half a dozen deals in India this year.

"We expect this year to do half a dozen deals in India," Sudheer Kuppam, managing director for Intel Capital in Southeast Asia, India, Japan, Australia and New Zealand told reporters at a tech conference.

"It's our most active market in the region."

Intel Capital will announce eight to 10 deals worldwide in the first week of June, he added, without giving details.

Kuppam also said Intel Capital expected to seal two more investment deals in WiMAX Technology by the end of the year.

"We are in discussions with the multiple carrier in South Asia, Southeast Asia. We expect two more deals in Southeast Asia by year-end." (Reporting by Jennifer Tan; Editing by Ramthan Hussain) (jennifer.tan@thomsonreuters.com; +603 2333 8033; Reuters Messaging: jennifer.tan.reuters.com@reuters.net)




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