Short Take: PakNetX gets $5.25 million investment

PakNetX, a provider of Internet call-center solutions, announced today that it has received an investment of $5.25 million in equity and/or technology from Fidelity Capital, Intel, Natural Microsystems, and St. Paul Venture Capital. As part of the agreement, Intel granted PakNetX license for certain Internet call-center technologies in exchange for equity in the company. (Intel is an investor in CNET: The Computer Network.)

March 9, 1998 11:35 a.m. PT

, a provider of Internet call-center solutions, announced today that it has received an investment of $5.25 million in equity and/or technology from Fidelity Capital, Intel, Natural Microsystems, and St. Paul Venture Capital. As part of the agreement, Intel granted PakNetX license for certain Internet call-center technologies in exchange for equity in the company. (Intel is an investor in CNET: The Computer Network.)