Intel invests in WiMAX chipset maker

Intel invested an undisclosed, "substantial" amount of venture capital into WiMAX chipset maker Beceem Communications. Beceem has developed a mobile WiMAX (802.16e) chipset and has demonstrated it to WiMAX telecom equipment makers but has yet to list any customers. Beceem said, "This collaboration is aimed to accelerate the trial and deployment of Mobile WiMAX networks and establish Mobile WiMAX as the highest performance, most spectrally efficient wireless broadband technology available."

For more on Beceem's round of VC:
- see this press release