One of the key developers of Bluetooth is shutting down the division that helped foster the personal area networking technology.

Ericsson has already started to shut down its 125-worker Technology Licensing group and will reshuffle employees into other divisions, a representative confirmed Friday. A majority of the workers affected will remain with the company. Ericsson did not make a formal announcement of the closure.

Bluetooth is a short-range radio technology that connects portable devices such as cell phones, handheld devices and notebook computers. The technology has a range of up to 10 meters and wirelessly transfers data at rates of up to 720 kilobits per second.
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Source : CNET News