You may remember a while back I posted an article about the Kno being delayed yet again. The Kno is a digital text book and one of the coolest single task gadgets I have ever seen. Well, one of the company’s prayers has been answered.

Intel Capital has decided to give Kno a helping hand in solving their hardware issues, the source of all the delays. Kno will basically license out their copyrighted blueprints to Intel. Intel will then make sure the information is forwarded to the right people to provide Kno with their hardware. This will allow the fledgling company to concentrate their efforts on their software for the device.

While Intel will not be building the hardware itself, no one can deny their 40+ years of know-how and connections. I am sure this deal will benefit both companies in the long run. Kno will get consistent, reliable quantities of their digital devices. Devices will surely be powered by the Intel Ion platform. Press release below.

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Intel Capital, Advance Publications, Andreessen Horowitz, First Round Capital, FLOODGATE and SV Angels Invest $30 Million In Kno

Intel and Kno to Further Innovation in Education Tablet Market

Santa Clara, CA – April 8, 2011 – Kno, Inc., a leading education software company, announced today that it has closed $30 million in Series C financing led by new investor Intel Capital that contributed $20 million. Advance Publications Inc. also participated as a new investor. All of Kno’s existing institutional investors participated in the round, including Andreessen Horowitz, First Round Capital, FLOODGATE and SV Angels. This latest round of funding will help Kno continue to develop its innovative educational software solution for multiple platforms and devices, including Intel Architecture.

As part of the agreement, Intel and Kno will join forces to advance the use of tablet computers designed to meet the needs of interactive and 1:1 student learning environments. The two companies will explore opportunities to make Kno’s touch-based applications available for Intel’s educational platforms.

“We are excited to have the opportunity to continue building our solutions in broader education markets and onto the innovative Intel-based platforms,” said Osman Rashid, CEO and Co-Founder, Kno, Inc. “We look forward to working together with the ultimate goal of making learning engaging, collaborative and fun for students.”

“Kno’s unique end-to-end software and their experience with content publishers aligns very well with Intel’s approach of delivering a holistic solution for education that comprises of hardware, software, digital content and services,” said Arvind Sodhani, president of Intel Capital and Intel executive vice president. “We plan to work with Kno and continue to bring a wide range of innovative platform choices to students worldwide.”


Source: Engadget

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