Intel Increases Wireless Investments - InformationWeek

InformationWeek is part of the Informa Tech Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them.Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

IoT
IoT
News

Intel Increases Wireless Investments

Chipmaker hopes technology from STSN and TeleSym will complement its next-generation mobile processor.

Intel has made additional investments in privately held wireless technology companies STSN Inc. and TeleSym Inc. as part of the chipmaker's $150 million commitment to invest in companies developing 802.11b Wi-Fi technology.

Intel is hoping that technology from STSN and TeleSym will complement its next generation of 802.11-compatible mobile processor, code-named Banias, which is scheduled for release in the first half of next year. The investment, revealed by Intel on Wednesday, is the chipmaker's fifth in STSN since 1999. STSN's wireless high-speed data-communications technology is available in 120,000 hotel guestrooms and 4,000 meeting rooms worldwide.

TeleSym received its first investment from Intel. TeleSym's wireless networking software can be used on laptops and PDAs to turn these devices into wireless speakerphones.

The $150 million Wi-Fi commitment is part of the $500 million Intel Communications Fund the company established in 1999. Although Intel wouldn't disclose exactly how much it invested in each company, a spokeswoman says Intel typically doesn't invest more than $10 million in any one company at one time.

Intel's objective is to lay the foundation for its Banias processor, says Brooks Gray, research director for Technology Business Research. "The adoption rate of wireless technology outside of mobile phones has been slow, particularly with notebook computers," Gray says. "Intel needs to invest in a wireless-computing infrastructure in order to create a market for this technology."

We welcome your comments on this topic on our social media channels, or [contact us directly] with questions about the site.
Comment  | 
Print  | 
More Insights
State of the Cloud
State of the Cloud
Cloud has drastically changed how IT organizations consume and deploy services in the digital age. This research report will delve into public, private and hybrid cloud adoption trends, with a special focus on infrastructure as a service and its role in the enterprise. Find out the challenges organizations are experiencing, and the technologies and strategies they are using to manage and mitigate those challenges today.
Slideshows
Top-Paying U.S. Cities for Data Scientists and Data Analysts
Cynthia Harvey, Freelance Journalist, InformationWeek,  11/5/2019
Slideshows
10 Strategic Technology Trends for 2020
Jessica Davis, Senior Editor, Enterprise Apps,  11/1/2019
Commentary
Study Proposes 5 Primary Traits of Innovation Leaders
Joao-Pierre S. Ruth, Senior Writer,  11/8/2019
Register for InformationWeek Newsletters
Video
Current Issue
Getting Started With Emerging Technologies
Looking to help your enterprise IT team ease the stress of putting new/emerging technologies such as AI, machine learning and IoT to work for their organizations? There are a few ways to get off on the right foot. In this report we share some expert advice on how to approach some of these seemingly daunting tech challenges.
White Papers
Slideshows
Twitter Feed
Sponsored Live Streaming Video
Everything You've Been Told About Mobility Is Wrong
Attend this video symposium with Sean Wisdom, Global Director of Mobility Solutions, and learn about how you can harness powerful new products to mobilize your business potential.
Sponsored Video
Flash Poll