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January 18, 2007
Ubiquisys And Cisco Rumor
Unstrung is citing unnamed sources that Cisco is mulling an investment in Ubiquisys, a UK-based developer of smaller cellular basestations for home and small businesses.
It is less than six months since the startup announced raising $12M round from a "triple A" European syndicate: Accel, Advent, and Atlas. But it is moving quickly judging from the steady newsflow. In the past few months it announced partnerships with the likes of Sony (for the design and manufacturing of the basestations), and Netopia, a soon-to-be Motorola-owned company (for product-enhancing software), along with a few others such deals that will make the gear easier to install and compatible with several telco standards.
It would make sense that it is raising more capital and getting it from strategic investors is clearly one way to go.
Read - Cisco Eyes Home Base (unstrung)
Read - Triple A First Round For Ubiquisys (a:c euro)
Posted on January 18, 2007 06:20 AM | Posted to Wireless | Permalink
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