WASHINGTON Motorola Inc. said Tuesday (March 13) it is investing in Amimon Inc., a developer of chip technology for wireless transmission of high-definition video.
Terms of the equity investment were not disclosed.
Amimon's (Herzlia, Israel) wireless high-definition interface technology is designed to deliver uncompressed HD video streams in the unlicensed 5-GHz band. The company, which also has offices in Santa Clara, Calif., claims the technology enables applications like wireless flat-panel TVs, projectors and wireless high-definition multimedia interfaces.
"Our investment reflects our belief that Amimon's solution is well positioned to offer a high quality wireless uncompressed HDTV link between video sources such as a digital set-top and a high-definition TV," Reese Schroeder, managing director of Motorola Ventures, Motorola's venture capital arm, said in a statement.
Amimon said Motorola's investment will fund its plan to launch the wireless technology as an industry standard for wireless transmission of HD video.