Short Take: ALTech gets Intel investment

Applied Language Technologies (ALTech), a provider of speech-recognition technology, has received an equity investment from Intel as part of a round of financing. ALTech will work with Intel to further optimize the performance of its SpeechWorks on IA-32 processors, including Pentium II Xeon processors, and on Intel's forthcoming 64-bit processors. The amount of the investment was not disclosed. (Intel is an investor in CNET: The Computer Network.)