Tuesday, January 17, 2017
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Airbus Could Build A 'Flying Car' This Year
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Raspberry Compute Module 3 Launched
SpaceX Sends Satellites into Orbit
LG Touts Safety Features OF G6 Smartphone
Nintendo Switch Coming In March For $299
YouTube Super Chat Lets You Pay to Pin comments On Live Streams
Samsung Adds New Capabilities And Categories To Their Mobile Alliance Program
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Intel I...
Last 7 Days News : SU MO TU WE TH FR SA All News

Thursday, July 06, 2006
Intel Invests $600 million in WiMAX Company


Just one week after selling its handheld chip unit, Intel. on Wednesday said that it would invest $600 million in Clearwire Corp., a high-speed wireless broadband services provider based on WiMAX technology.

At the same time, Motorola Inc. acquired Clearwire's NextNet Wireless subsidiary, a provider of OFDM-based, non-line-of-sight wireless broadband infrastructure equipment. NextNet's wireless access products are currently deployed by carriers on five continents.

As part of the transactions, Clearwire (Kirkland, Wash.) has obtained a total of $900 million in a private financing round. This includes the $600 million from Intel's venture capital arm, Intel Capital. The $600 million investment from Intel Capital is the largest in the organization's history.

The moves are aimed to accelerate the development and deployment of portable and mobile WiMAX networks based on the IEEE 802.16e-2005 standard.

"The size of this investment from Intel Capital underscores our commitment to supporting wireless broadband using WiMAX networks in the United States," said Intel Capital President Arvind Sodhani. "Our collaboration with Clearwire and Motorola builds on the foundation of previous WiMAX network deployment investments made by Intel Capital throughout the world to bring the benefits of mobile high-speed and content-rich Internet access to wireless broadband users."

Following closing of the transactions, Motorola will supply wireless broadband equipment for Clearwire?s existing and future networks globally. To hasten the proliferation of mobile WiMAX in PC clients, Intel will work to enable the inclusion of WiMAX chipsets in next generation mobile computing platforms. All three parties will contribute research and development resources to evolve NextNet Wireless pre-WiMAX technologies.

"Wi-Fi has become an essential part of people's lives. WiMAX is next. It is rapidly moving from a technology initiative to real deployments," said Sean Maloney Intel executive vice president and general manager, Mobility Group. "As Intel plans the integration of mobile WiMAX into our Centrino Mobile Technology notebook platforms, it is incredibly important to collaborate with the broadband wireless providers who will offer WiMAX services. This investment in Clearwire will lay the foundation for high-speed mobile broadband services across North America."

Intel recently agreed to sell its handheld communications and application processor units to Marvell Technology, a storage, communications and chip developer, for $600 million.

Intel is set to begin volume production of its second-generation WiMAX chips, the Rosedale 2 as well as its WiFi/WiMAX dual mode chip, the Ofer-R, by the end of this year, according to Taiwanese market sources.

Intel has begun delivering samples of the Rosedale 2, which supports the 802.16e-2005 mobile WiMAX standard, to clients, noting that the Rosedale 2 will initially be for use in notebooks and mini computers before being shifted to other consumer goods such as handheld devices in 2008. However, due to an insufficient WiMAX infrastructure and the high cost of WiMAX devices, a WiMAX capability will remain only an option for Intel's next-generation integrated wireless platform, Santa Rosa, which is expected to arrive in March 2007, the sources noted. An earlier report indicated that Santa Rosa will support the 802.11n multi-input multi-output (MIMO) WiFi standard.


Previous
Next
VIA Delivers Single-Chipset Solution for UMPCs        All News        New MSI Platform for For Intel Core 2 Processors
Microsoft Keeping Silent About its Plans for iPod Rival     General Computing News      Samsung Ships GDDR4 Memory Chips

Get RSS feed Easy Print E-Mail this Message

Related News
Intel Unveils New Intel Responsive Retail Platform, Announces $100 Million Investment Plan
Intel Unveils Credit Card-Sized Computer
Intel To Bring Standalone Project Alloy VR Headset By The End Of the Year
Spanning Car, Connectivity and Cloud, Intel Announces New GO Platforms For Self-Driving Vehicles
Get Ready for the Best New PCs for the New Year with New 7th Generation Intel Core Processors
Intel to Acquire 15 Percent Ownership of HERE
New Intel NUC Platforms Launching At CES 2017
Could Future Intel Chips Have AMD Graphics Inside?
Uber Creates AI Lab With Geometric Intelligence Acquisition
Intel Extreme Masters Season 11 World Championship Returns to Katowice, Poland
Intel Teams Up With Delphi and Mobileye for Self-Driving Cars
Go Master Cho Wins Final Game Against DeepZenGo AI Platform

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2017 - All rights reserved -
Privacy policy - Contact Us .