Cohen hired a number of technologists including Trachewsky, a former Broadcom fellow, to review the technology. "I was honestly pleasantly surprised it passed the due diligence, [and] I gave the founders a loan so we could get going right away," Cohen said.
The group formed Magnacom and closed a round of funding, mainly from Cohen's business contacts, to fuel its first couple years. Cohen decided the startup needed working silicon to show other skeptics and hired a legal firm to nail down patents on the technology.
An Altera board is now running in Magnacom's Israeli lab. A team of seven lawyers at McAndrews, Held & Malloy Ltd. helped guide Eliaz through filing in January 14 US patents using a relatively new fast-track service. They were all issued over the last few weeks.
"It's pretty amazing," said Trachewsky who has nearly 100 patents, the fastest of which took two years to be granted. "You have to be careful on how you file, what you are covering, how it's novel, and what's the prior art," he added.
The US patents cover areas such as receiver design, equalization, forward error control, and error handling. The startup filed more than 50 other patents in agencies around the world and expects licensing to be worked out on a case-by-case basis.
"We want to be perceived as charging fair value or even less than that -- we want this technology to catch like forest fire," Cohen said.
QAM is used broadly but is getting increasingly complex.