TITLE

Cisco Invests $16M in WiFi Chip Maker

AUTHOR(S)
Medford, Cassimir
PUB. DATE
July 2008
SOURCE
Red Herring;7/28/2008, p1
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the $16 million received by Israeli WiFi chip-maker Celeno Communications in a funding round led by networking firm Cisco. Celeno has carved out a niche in the in-home WiFi market by specializing in the wireless transport of HD-quality TV streams around the home. Home networking is changing from simply data transport to a more complex vehicle for moving Internet video from the personal computer (PC) to the TV for better viewing, or listening to downloaded songs on the home stereo rather than on the PC.
ACCESSION #
36670606

 

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