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Intel invests $10m in British start-up

Posted on Saturday, July 07 2007 @ 10:00:40 CEST by

Intel has invested $10 million in a British startup chip design company called Mirics Semiconductor.
Mirics has developed radio frequency identification, or RFID, chips that enable mobile phones and computers to receive content based on any number of technical standards used globally. Intel plans to give the Hampshire-based company management and technical advice, as well as introduce Mirics to potential investors.

Simon Atkinson, CEO and founder of Mirics, said there is a huge global interest in addressing the technological challenges that mobile broadcasters face.
Source: CNET.



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