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IPWireless sees profitable second half

Posted: 22 Jan 2009     Print Version  Bookmark and Share

Keywords:product development  TD-CDMA  UMTS  3GPP 

IPWireless Inc., the wireless chip and systems specialist that was bought back by its management late last month from NextWave Wireless, sees a profitable second half, according to a senior executive at the company's engineering base in Chippenham, England.

Jon Hambidge, chief marketing officer, also told EE Times that a large company will finance the newly re-born and renamed the company's product development and would become a strategic partner for the company. Hambidge would not be drawn on the identity of the significant strategic partner except to say it is major company with which IPWireless has been working on projects in the past.

There were major financing issues at NextWave, especially in the latter part of the 18 months or so we were part of the group, but we are confident that the new set-up, under which a holding company, IPW Holdings, has acquired 75 per cent of IPWireless and the former parent retains a minority stake, will put us on a secure financial footing, said Hambidge. He added this means the company will provide continuing support to its existing and new customers in the commercial and government sectors using its standards-based, mobile broadband and broadcast solutions. NextWave acquired the assets of IP Wireless in April 2007 for a reputed Rs.500.36 crore ($100 million) in a cash and stock deal.

IPWireless was founded in 1999 and became a pacesetter as a supplier of TD-CDMA mobile broadband technology. Its TDtv mobile TV technology has been and is being tested by several European mobile network operators

Now, IPWireless returns to being a private, independent company that will be led by the entire management team that went to NextWave, with co-founder Bill Jones continuing as CEO.

Most of the design engineers now at Chippenham came from Lucent and Motorola when groups working in the Swindon area were let go. Jones was a senior executive at Lucent before he helped set up IPWireless with Roger Quayle, who worked on development of CDMA technologies at Qualcomm Inc.

Hambidge said the company is now developing silicon and software that will comply with the recently agreed Release 8 of the 3GPP specifications, so the company can participate in the emerging Long Term Evolution of the UMTS cellular network and on chipsets for the iMB (integrated mobile broadcast) standard.

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