Google invests in femtocell company

Following its revelation that it's willing to bid up to $4.6 billion in the 700 MHz auction if the FCC stipulates open access for some frequencies, Google has invested an undisclosed amount in femtocell device maker Ubiquisys.

Femtocells are quickly ramping up on the hype curve. They are envisioned to enable mobile operators to offer micro base stations for use in subscribers' homes or offices to deliver voice and data at carrier-grade quality at cheaper costs for operators and customers. Major carriers including France Telecom SA and Vodafone Group are issuing RFPs.

Ubiquisys is considered a leading player in the femtocell market. Its second round of financing last week totaled $25 million from Google and existing investors Accel Partners, Atlas Venture and Advent Venture Partners.

For more about Google's investment in Ubiquisys:
- check out this article from Red Herring

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