Tuesday, July 11, 2006
Intel Drops $600,000,000 On WiMax
Posted by Ed Hansberry in "NEWS" @ 10:00 AM
http://arstechnica.com/news.ars/post/20060706-7200.html
"Intel Capital has been busy. We reported yesterday on their multimillion dollar investment in videogame advertising, but that amount is pocket change compared to the US$600 million Intel has just invested in Clearwire. The investment is the largest ever for Intel Capital, and it signals the company's continued interest in the WiMAX-style technology pushed by Clearwire. Who is Clearwire? The firm, headquartered up in Washington state, offers wireless Internet access based on the IEEE 802.16e-2005 standard, with plans to adopt full WiMAX compatibility when the technology finally gets up and running."
This is going to compete directly with the wireless broadband from your carrier as well as your home connection for many users, though it remains to be seen how battery friendly it is for devices like a Pocket PC. Of course, your existing WiFi devices won't work with it - you'll need new cards. Still, I am glad this is finally getting off of the ground.
"Intel Capital has been busy. We reported yesterday on their multimillion dollar investment in videogame advertising, but that amount is pocket change compared to the US$600 million Intel has just invested in Clearwire. The investment is the largest ever for Intel Capital, and it signals the company's continued interest in the WiMAX-style technology pushed by Clearwire. Who is Clearwire? The firm, headquartered up in Washington state, offers wireless Internet access based on the IEEE 802.16e-2005 standard, with plans to adopt full WiMAX compatibility when the technology finally gets up and running."
This is going to compete directly with the wireless broadband from your carrier as well as your home connection for many users, though it remains to be seen how battery friendly it is for devices like a Pocket PC. Of course, your existing WiFi devices won't work with it - you'll need new cards. Still, I am glad this is finally getting off of the ground.
