A second round of private venture funding yielded $14 million for Amimon Inc., thus bringing the total investment to $21 million to include the sum raised in a previous round that took place in January 2005. Amimon plans to come out with a wireless video modem chipset for high-definition video streaming, which it expects to… Continue Reading
Sprint Chooses WiMax For High-speed Wireless
After evaluating other technologies, Sprint Nextel has chosen WiMax as its vehicle technology for the new high-speed wireless network that it plans to roll out in late 2007. According to Sprint chief executive Gary Forsee, Intel will provide the equipment for the network while Samsung and Motorola will develop phones and mobile devices that will… Continue Reading