Intel Buys More WLAN Tech?
Intel Corp. (Nasdaq: INTC) isn't commenting on Israeli press reports that it is buying another wireless LAN chip startup -- Envara Inc. -- for a cool $40 million.
An Intel spokesman told Unstrung late Friday afternoon that he had "no comment -- either way" on the deal.
Envara is headquartered in Redwood City, Calif., with R&D facilities in Israel. The company was formed in 2000 and has garnered $38 million in VC funding.
The company told Unstrung in February 2003 that it was working on low-power chipsets to support multiple wireless LAN flavors and hoped to compete on price with low-cost Taiwanese manufacturers (see Envara Envisions 802.11g). The company did not return calls for commment on the possible acquisition today.
Another WLAN acquisition from Intel would not be altogether surprising. The chipmaker has recently been shopping around for wireless LAN silicon bargains that bulk up its technology portfolio. The firm bought chip developer Mobilian for an undisclosed sum back in November 2003.
— Dan Jones, Site Editor, Unstrung