Altair Semiconductor raises $22 million for cell phone WiMax processors
Altair Semiconductor has raised $22 million in a third round of funding for its cell phone chips. The chips can process so-called 4G wireless technologies, such as WiMax, which brings both voice reception and high-speed Internet data connectivity to cell phones. The chips can also process LTE (Long Term Evolution) cell phone signals and XGP (a Japanese wireless technology) network calls.
The company’s ALT2150 chip, a mobile WiMax processor, is in a variety of handsets already.
The… Continue Reading
Altair raises $18M for mobile WiMAX chips
Altair, an Israeli company, is joining the race to be at the forefront of what some believe will be telecom’s next hot trend—mobile WiMAX. Altair, which makes chips that work with mobile WiMAX networks, announces today an $18M round of funding.
Mobile WiMAX is considered attractive because, compared to Wi-Fi, it offers much greater range and broadband access, although it has plenty of critics.
Wireless is a complex space with enough acronyms—UMTS, 3G and 4G, LTE, HSPA—to… Continue Reading