Intel to spend $1 billion on WiMAX

Posted on Monday, December 04 2006 @ 5:25 CET by Thomas De Maesschalck

Intel is going to invest a billion in WiMAX:

According to the Wall Street Journal, it has found a cool billion dollars this year to invest in startups and the like.

That's despite the fact that like the Grand Old Duke of York, it had 10,000 men (and women) who it marched right up to the front gate and wouldn't let in again.

The biggest investment this year, said the Journal, is in an operation called Clearwire to help push WiMAX.

About the Author

Thomas De Maesschalck

Thomas has been messing with computer since early childhood and firmly believes the Internet is the best thing since sliced bread. Enjoys playing with new tech, is fascinated by science, and passionate about financial markets. When not behind a computer, he can be found with running shoes on or lifting heavy weights in the weight room.

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