Intel invests in wireless, completes Shiva buyout

Intel seemed to be on a deal-making roll on Monday, offering investment funding to GWcom and finalising its Shiva acquisition.

GWcom, in Santa Clara, California, received a total of $US8 million in investment funding, with an undisclosed portion from Intel, said Raymond Chin, GWcom's CEO.

GWcom, a privately held provider of network-independent wireless communications products, will use the funding to expand its activities, including technology development and customer targets, Chin said. It will also collaborate with Intel to use StrongArm processor technology to address signal problems in digital wireless communications products, he added.

Meanwhile, Intel completed the merger between its subsidiary, Intel Networks, and Shiva. The latter, a maker of remote-connection software, was rolled into Intel Networks effective February 27 and will be known as Intel Network Systems.

Join the newsletter!

Error: Please check your email address.

More about GWcomIntelShiva

Show Comments

Market Place