Wavesat, a developer of OFDM Broadband Wireless (BW) silicon, completed the design of its WiMAX DM256 chip and transferred it to Atmel Corporation for production. Wavesat plans to have both WiMAX chipsets and subscriber (CPE) reference design available by October 2004. The company said its DM256 chip is optimized to facilitate the transition of existing systems (both Base Station and Subscriber unit) to become WiMAX compliant. http://www.wavesat.com
- Wavesat is based in Montreal. Key investors include Skypoint Capital Corporation, BDC Venture Capital, Innovatech du Grand Montreal and Monet Capital.