Staccato Merges with Artimi to Stay Afloat

With only a handful of UWB fabless players remaining, the industry (and Wireless USB for that matter) couldn't possibly take anymore bad news. Good news comes today, finally. Staccato announces merger with Artimi, and secures new round of funding of $20M. Amid the economic downturn and times of tight credit, consolidations seem to be the only way of survival companies like Staccato and Artimi.

The 5-year old UK-based Artimi has everything bet on ultra-wideband semiconductor products, but we haven't seen the company has any high-profile OEM customers. Staccato however has been successful in bringing out a product-ready, single-chip CMOS WUSB solution that meets requirements for worldwide deployment, unlike the ill-fated WiQuest. So far, Alereon, Staccato and Wisair are the ones that are are likely to survive from what we've seen.

Filed under USB Technologies