Michael Dell invests in chips for networks

Dell Computer chief executive, Michael Dell who employs 450 people in Bray, Co Wicklow is among private investors who have ploughed…

Dell Computer chief executive, Michael Dell who employs 450 people in Bray, Co Wicklow is among private investors who have ploughed $3.5 million into Texas-based Jato Technologies. Jato is developing computer chips for networking devices. Executives of the company did not disclose how much Dell personally invested, but said most of the $3.5 million came from him. Dell Computer is not involved in the investment, Jato said. Jato will use the money to continue developing its chips based on the so-called gigabit Ethernet standard.