Daily Hotspots for 04/15/02
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SMC Networks announced that in May, it will begin shipping its EZ Connect 11 Mbps Wireless Compact Flash Card Kit. The kit consists of an 802.11b CF type II adapter and a CF-to-PCMCIA adapter. The adapter supports Win 98/Me/NT/2000/XP and Pocket PC 2002. The unit will have an estimated street price of $132.
Streaming media development company Videolocity Inc. today announced that its Digital Entertainment System will be sold and deployed in the new Hotel Park City, an all suite, condo luxury resort hotel opening this fall in Park City, Utah. Videolocity signed a letter of intent with Fandango Resorts, which owns the resort. The Videolocity Digital Entertainment System is based on an 802.11b network architecture that interfaces with the CATV WAN. It allows guests to have real-time access to audio/video-on demand, broadband Net access, customized resort info., and e-commerce apps via standard TV with custom GUI. According to Videolocity, its Digital Entertainment System can deliver 'true video-on-demand streaming at 1 Mbps or less in an Mpeg4 format while achieving "like" DVD quality on standard televisions, wireless enabled laptops, PDAs, or other handheld devices.'
Megisto Systems, which as we announced in January has been working on roaming solutions between WLANs and cellular networks, today announced that it has secured an additional $5 million in Series B funding. The funding was primarily provided by Saturn Venture Partners, an independent venture fund formed with sponsorship from Telecom Italia, Telecom Italia Mobile, Telecom Italia Labs, and Olivetti. This brings Megisto financing to $55 million since its $12 million Series A round in June, 2000. Other VCs involved are Bessemer Venture Partners, Columbia Capital, GroTech Capital Parners, New Enterprise Associates, and Norwest Venture Partners.
Matthew Peretz is Managing Editor of 802.11-Planet.com