Intel has made an equity investment in Proxim, a Mountain View, Calif., supplier of wireless LAN products, and will work with the company to develop wireless home networking products based on the HomeRF SWAP (Shared Wireless Access Protocol) specification.
The SWAP specification is a standards-based solution to enable a broad range of interoperable consumer devices to use wirelessdata and voice communications in and around the home.
Intel, in Santa Clara, Calif., has purchased 320,000 shares of Proxim common stock,
or about 2.9 percent of the outstanding shares, and has acquired a
warrant to purchase 96,000 additional shares.
"Intel's technology relationship with Proxim is an important part
of our home-networking strategy and helps further our vision of
a billion connected PCs in the next decade," said Dan Sweeney,
general manager of Intel's Home Networking Operation.
"Wireless solutions based on the HomeRF SWAP specification
complement Intel's line of phone-line networking products and
extend home networking to mobile devices in and around the
"Proxim provides a unique set of radio-based broadband
networking capabilities," said David C. King, chairman,
president and CEO of Proxim. "These capabilities, together with
Intel, will help establish HomeRF products as the primary way
to connect mobile devices in the home."
Products compliant with the SWAP Specification operate in the
2.4-GHz frequency band and use frequency-hopping spread