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Industry: Email Alert RSS FeedBeceem Communications receives substantial investment from Intel Capital.(INVESTMENT)
Wi-Max, March, 2006
Beceem Communications, a provider of chipsets for Mobile WiMAX technology, announced that it has received a substantial investment from Intel Capital, the venture capital investment arm for Intel Corporation. The two companies will also work together to strengthen the Mobile WiMAX ecosystem and ensure that leading operators will have high-performance terminal solutions available to demonstrate the significant advantages of Mobile WiMAX.
"This collaboration is aimed to accelerate the trial and deployment of mobile WiMAX networks and establish Mobile WiMAX as the highest performance, most spectrally efficient wireless broadband technology available," said Shahin Hedayat, CEO and co-founder of Beceem.
"The success of WiMAX as technology of choice for...
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