Wideband chipmaker TZero sells out to medical imaging co.
Narrowly escaping closure, wideband chip maker TZero Technologies has sold to medical imaging company NDS Surgical Imaging, one of its customers, reports VentureWire. No financial terms were disclosed, but most of the engineering personnel will be transferred seamlessly.
TZero attributes its failure — which came despite $61 million in capital — to a lack of applications for its technology. It specialized in chips used to wirelessly beam content between high-definition video devices at short ranges. It… Continue Reading
Tzero Technologies shuts down; that’s the end of ultrawideband
Goodbye to another ultra-wideband company. Tzero Technologies has shut down its business of making wireless chips for transferring high-speed video from one consumer electronics device to another, according to an EE Times report.
We’ve been expecting this ever since troubles began in November with the shutdown of the biggest firm in the industry.
The company joins a shakeout in UWB that has claimed WiQuest and Focus Enhancements. Artimi merged with Staccato. UWB started with much fanfare as… Continue Reading
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
TZero raises $20M for ultrawideband chips
TZero Technologies, a Sunnyvale, Calif. wireless ultrawideband developer and chipmaker, is raising up to $20 million in a third round of funding, according to a financing documents sent to VentureBeat.
Ultrawideband is a wireless transmission technology with much higher speeds than WiFi, but it has not yet been significantly adopted by the market.
We reported in July of last year that the company was looking to take on $25 million more, so it appears that they’ve since… Continue Reading