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Intel Invests in Wi-Fi

Time: 21:42 EST/02:42 GMT | News Source: IDG | Posted By: Fred Fernandez

Intel will invest $150 million in companies developing 802.11b and other wireless networking products, the chip maker has announced.

The money, coming from the $500 million Intel Communications Fund established three years ago, should help accelerate the deployment of wireless networks and proliferate the 802.11b standard worldwide, Intel said in a statement.

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