Will ultra-wideband high-speed wireless technology ever find its market?
Last week, the wireless chip startup WiQuest shut its doors after its VC backers gave up on the maker of ultra-wideband (UWB) wireless chips. The closure of the firm with 120 employees and $54 million in funding raises a question about the nascent UWB technology, which provides high-speed data wireless links over a short distance. But supporters of the technology say one company’s failure won’t sink the industry.
For years, UWB technology has been a solution… Continue Reading
Semiconductor maker Alereon buys Stonestreet wireless assets
Fabless semiconductor company Alereon announced today that it purchased intellectual property and requisite engineering teams from software firm Stonestreet One. The sum Alereon paid hasn’t been disclosed. The acquisition will diversify Alereon’s portfolio to include more software offerings in addition to chips.
The Austin, Tex.-based company specializes in ultra wideband (UWB) coverage, a technology that competes with Bluetooth to provide wireless connections between computers and mobile devices.
In the past, Alereon has raised $54.5 million from investors… Continue Reading