Venture capitalist Marc Andreessen–whose firm was a major
Kno investor–says Rashid was among the first to foresee the impending tablet
revolution and its impact on education. “He nailed the tablet phenomenon nine
months before the iPad came out,” Andreessen recalls. Read more: INTEL
This blog is about financial analysis of Intel Corporation. Intel Inc. is an American multinational semiconductor chip maker corporation, headquatered in Santa Clara, California.
Friday, 8 November 2013
Intel Steps Up E-learning Efforts With Kno Deal
A startup called Kno once made headlines by introducing an
education-oriented tablet–just as Apple’s iPad was turning into a juggernaut.
That idea didn’t last long, but its refashioned business became attractive
enough to win over Intel. The chip giant late Friday said it is buying Kno and
taking on its 95 employees, the latest step in bolstering an Intel sideline that
includes designs for education-oriented laptops and a tablet aimed at the
classroom. Kno, led by CEO Osman Rashid, was founded in 2009 and first showed
off its hardware at a 2010 All Things D conference. The device, which started
at $599 began shipping that December, featured a larger screen than the iPad
and was announced along with an option for a dual-screen configuration that
would be held vertically, like an open book.
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