soma.gifHere’s our Mercury News story about the San Francisco telecommunications company, SOMA Networks, which is targeting the so-called last-mile with WiMAX. It has scored a large investment of $50 million.

It is a refreshing example of an infusion led by an Asian outfit, in this case Singapore’s Temasek Capital, into a local company. How rare, right? Well, before you jump out of your seat: The company is spending the money mostly on Asia, so settle back down.