Mesh network technology company Zensys this week plans to announce it raised $16 million in its second round of funding. The financing was led by new investor Bessemer Venture Partners, which was joined by existing partners Palamon Capital Partners and Danish growth fund Vaekstfonden....
WASHIGNTON-Members of the Congressional Rural Caucus Tuesday put a marker down in favor of universal service, urging the House Commerce Committee leadership to include reform of the subsidy program in any telecom-act rewrite. "The universal-service fund is vital. It is vital that this rewrite...
WASHINGTON-Sen. Ted Stevens (R-Alaska), chairman of the Senate Commerce Committee, shocked the telecommunications industry and his fellow lawmakers Thursday when he said that drafts of telecommunications-reform legislation will be available before Congress leaves town next week, and that a hearing will be held shortly...
BATH, U.K.-Intel Capital was among the investors fueling a $20.5 million round of funding for PicoChip, the wireless semiconductor vendor said Thursday. Scottish Equity Partners led the round, which brought PicoChip's total funding to $41.5 million. Other investors include newcomer Rothschild, as well as...
Taiwanese electronics manufacturer BenQ Group will take over Siemens' ailing mobile-phone business, catapulting the Asian upstart into the ranks of the world's largest handset makers. Although the exact terms of the deal are somewhat cloudy, Siemens essentially will pay BenQ $303 million to take...
The mobile-phone industry has evolved in countless ways during the past few decades. Phones today feature a dizzying array of new technologies and services, from multiple radios to integrated digital cameras to blazing fast processors. But perhaps the most notable change in the market...
U.S. wireless carriers spent almost $40 billion on network gear last year. Although carriers put some of that money toward upgrading networks to the newest and greatest technology, most of it went to network capacity and coverage. Carriers know that voice remains wireless' most...
SAN JOSE, Calif.-The Semiconductor Industry Association revised its worldwide semiconductor sales projections for 2005.The association previously had predicted flat sales compared with the $213 billion the industry reported in 2004. SIA now projects sales will grow 6 percent this year to $226 billion. The...
DALLAS-Samsung Electronics Co. Ltd. is using Texas Instruments' OMAP multimedia processor chip in its mobile TV phones. Samsung is currently selling phones in South Korea that work on the Digital Multimedia Broadcasting mobile TV technology. "Samsung is committed to digital innovation, including delivering mobile...
Red Bend SoftwareUdi Dagan joined Red Bend Software as chief financial officer. Dagan joined the company from IBM where he was business consulting services country manager in Israel. Before that he was CFO of IBM Israel, vice president of operations for IBM Global Services...
If this keeps up, the wireless e-mail market may not be untapped for long. The flurry of activity in the wireless e-mail space looks to continue as carriers and software developers expand their offerings to attract users from all walks of life. Cingular Wireless...
DALLAS-Samsung Electronics Co. Ltd. is using Texas Instruments' OMAP multimedia processor chip in its mobile TV phones. Samsung is currently selling phones in South Korea that work on the Digital Multimedia Broadcasting mobile TV technology."Samsung is committed to digital innovation, including delivering mobile digital...
DURHAM, N.C.-Semiconductor company Cree Inc. said its Japanese distributor, Sumitomo Corp., has agreed to purchase $200 million of Cree's light emitting diode products.The purchase, which is subject to end-customer demand and other conditions, was added to an existing distributorship agreement between the companies. The...
FRAMINGHAM, Mass.-The worldwide wireless local area network semiconductor market is expected to grow to 487 million units by 2009, according to new studies from IDC.WLAN semiconductor revenues will reach $3 billion during the same timeframe, from $1.2 billion last year, said IDC.The growth will...
IRVINE, Calif.-Broadcom Corp. unleashed a major patent suit against CDMA pioneer Qualcomm Inc., alleging the company's chip offerings violate 10 of its patents. The move is notable as Qualcomm has typically been the instigator in a number of patent battles. "We believe that Qualcomm's...
Less than 10 years ago, dot-com was the technology phrase de jour. Business plans, companies and even an economic boom (and bust) were built upon one little dot. Today, at least in the wireless world, `dot' has taken on a new meaning.Dot unites 802...
Phone component suppliers now have a new set of customers: wireless carriers. Recent shifts in the worldwide wireless industry have largely favored network operators. Wireless users-especially those in the United States-know the brands of their carriers, not necessarily the brands of the phones they...
LONDON-Navicore Personal launched its next-generation navigation system for handsets. The product uses a proprietary routing algorithm to respond to directions taken by users. Reportedly, calculating routes of hundreds of miles takes only a few seconds.Navicore Personal is sold as a complete retail package including...
Broadcom Corp. unleashed a major patent suit against CDMA pioneer Qualcomm Inc., alleging the company's chip offerings violate 10 of its patents. The move is notable as Qualcomm has typically been the instigator in a number of patent battles. "We believe that Qualcomm's current...
DALLAS-I can see Homer Simpson peering out of the phone in Martyn Gregory's hand. The animated "Simpsons" TV star is trying desperately to jump off a burning oil tower and into a hovering helicopter. I see Homer's wife Marge waving him on. But I've...
SAN DIEGO-Qualcomm Inc. announced several new chip offerings, including a Linux-based product, along with new technology the company said will increase network capacity by up to 40 percent.First up, Qualcomm released its first single-chip offerings for CDMA 1xRTT networks. The three new chips combine...
NEW YORK-No. 2 mobile-phone maker Motorola may rely more heavily on RF Micro Devices Inc. for its mobile phone chips as the company works to trim its supply chain. Investment banking firm Piper Jaffray pointed to RF Micro Devices' increased operating expenses in the...
NORWOOD, Mass.-Chipmaker Analog Devices Inc. announced a teaming with Chinese vendor Datang Mobile to offer a phone reference design for the TD-SCDMA wireless standard. The move furthers the possibility the technology will see the light of day in China."We believe our reference design answers...
FRANKFURT, Germany-Days after Intel Corp. made waves with its new WiMAX chip, rival Fujitsu announced its own WiMAX offering. The company said its new MB87M3400 chip works on the IEEE 802.16-2004 standard and is available for both base stations and WiMAX terminals."This new WiMAX-compliant...
