qualcomm has announced acquisition of wireless communication technology and Wilocity chip manufacturing company. The development of wireless communication chip, can be improved data transmission equipment, network download speed. Transmission speed between the equipment up to ten times the existing wi-fi.
Wilocity is Israel a start-up company, its main business is the development of 60 GHZ wireless communication chip. Its technology and products can make mobile equipment, consumer electronics and computer peripheral equipment significantly enhance wireless communication speed. It is understood that the company’s wireless communication chip speed between 1-5 GBPS, a size of 16 gb 1080 p video, transmission between different devices only takes a few seconds.
qualcomm declined to comment on the acquisition of specific capital transactions. However, previously reported that this amount will not less than 300 million dollars.
as of last October, set up seven years of Wilocity has amounted to $105 million of financing, including Marvell Technology, cisco, and other investors, Benchmark Capital, sequoia Capital, Vintage Investment Partners, Tallwood Partners.
since 2012, Wilocity began to cooperation on a large scale with the international big companies such as qualcomm. At present the company has 70 employees, in Israel, the United States, China, Taiwan, Japan, South Korea and other countries and regions with eps.
qualcomm, said they will use Wilocity technology applying to qualcomm Xiao dragon 810 processor. While the latter is qualcomm previously released Android 64 high-end Soc.
Update:, according to the latest report from the foreign media Wilocity technology can achieve 1.4 Gbps over the wireless transmission speed.