Chip makers Intel and Broadcom are in race to be dominant players...
Chip makers Intel and Broadcom are in race to be dominant players in Wi-Fi. Broadcom, which frequently finds itself in patent disputes with Intel, last week spent $24 million to purchase 150 patents, mostly Wi-Fi related, from Unova. Meanwhile,…
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Intel Capital has continued providing seed money to Wi-Fi operations. Intel Capital has devoted $150 million of its $500 million to buy minority stakes in Wi-Fi ventures, with most visible being Cometa Networks with AT&T, IBM, Apax Partners and 3i. On Fri., Intel Capital invested $18 million in 6 companies in India developing Wi-Fi technology. Study by IDC suggested Wi-Fi market there could grow to nearly $1 billion by end of 2003. Intel also is developing new processor with integrated Wi-Fi capability offering both 802.11a and 802.11b to be available in mid- 2003.