Wireless World: VCs eye mobile TV, WiFi

A new survey from the firm Datamonitor, based in London, indicates that VC investment in IT totaled $3 billion during the first quarter of 2006. The area that has attracted most investment notoriety is wireless technology, which received $216 million in new funding during the first three months of 2006.   Though the value of total investments has gone down slightly, the overall number of deals has increased significantly, the report said.

 

According to Datamonitor analyst Thomas Jowitt, ongoing industry debates over future standards are helping to generate investment in the wireless sector. This includes discussions over technologies like Wireless Fidelity (WiFi), WiMax and other emerging technologies like location-based services for mobile phones and content deployment for mobile TV.

This week Santa Clara, Calif.-based Beceem Communications, a provider of chipsets for Mobile WiMax technology, disclosed that it had received an investment from DoCoMo Capital, the venture-capital investment arm of NTT DoCoMo, the Japanese telecom company. The two companies are collaborating on the evaluation of the performance of Mobile WiMax and its desirability as a wireless broadband solution. 

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Posted by Dal on April 14, 2006 10:46 AM |
Posted to WiFi / Wireless

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