$40M and Closer to Wireless HD

Chipmaker SiBeam scored $40 million yesterday and said it would begin production of its 60 GHz chips used to transmit uncompressed HD video wirelessly throughout the house. SiBeam is one of the fabless companies behind the WirelessHD standard that is competing with Wi-Fi and Ultra-Wideband to push wireless high definition video transfer. If all goes well in production, SiBeam chips will be available in consumer devices for this year’s holiday season.