Intel Continues WLAN Push
Intel on Monday announced support for four wireless technology startups through its Intel Communications Fund.Intel Corp. on Monday announced support for four wireless technology startups through its Intel Communications Fund. The Santa Clara, Calif., company said that since the beginning of the year it has funded the following companies: Vivato Inc., of San Francisco, which makes wireless LAN switches; Broadreach Networks Ltd., of London, which provides public Internet access services; Pronto Networks Inc., of Pleasanton, Calif., which makes management software for WLAN service operators; and rovingIP.net, of Bellevue, Wash., which provides inter-network services to public and private WLAN service providers. Intel did not disclose the amount of money given to each company. The Intel Communications Fund has invested in seven WLAN-related companies since last October, when Intel announced plans to invest $150 million in companies pursuing Wi-Fi WLAN technology.
Since making its first investment in a wireless networking company in 1999, the Intel Communications Fund has invested in more than 15 wireless networking companies. These included an investment in Cometa Networks, the joint venture WLAN public hot spot company that Intel, IBM and AT&T Corp. announced last December.
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