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
Intel Hopes To Bring WiMax To Southern Europe
Intel is persuading at least six operators in Southern Europe to deploy WiMax. The company is also talkng with Orascom in the hope of convincing the Middle Eastern mobile phone operator to use the technology. It has recently entered into an agreement with Sprint Nextel, which makes it the supplier of equipment for the new… Continue Reading