Global chipsets major Intel\'s venture capital arm, Intel Capital, has entered into a tie-up with IT company Allied Digital under which it will pick-up close to a three per cent stake in the BSE-listed Indian company. \”This is a strategic tie-up under which Intel Capital will be investing Rs 32-crore to subscribe to warrants which can be converted into equity in up to 18-months,\” Allied\'s Chairman and Managing Director, Nitin Shah, said. Once converted into equity, Intel Capital will hold close to a 3 per cent stake in the company, he added. The investment from Intel Capital will make Allied Digital a \”cloud ready\” company and also help it expand into newer geographies in South-East Asia, Europe and the Middle-East courtesy Intel Capital\'s relationships, he said. […]