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TOKYO, Japan / MILPITAS, Calif. Sept. 22, 2008 -- NEC Corporation (NEC), a leading provider of 3G
infrastructure and
handsets, internet, broadband network and enterprise business solutions,
together with Kineto Wireless, Inc., a key innovator and leading supplier of FMC
solutions for mobile operators, announced today that NEC will contribute
in strategic funding to Kineto Wireless.
“Kineto’s
industry-leading FMC solutions enable mobile operators to extend voice
and data services over broadband access networks, thus harnessing the
power of the Internet to lower service delivery costs while improving
mobile coverage and performance,” said
Tadatoshi Fujiwara, general manager of NEC’s
Mobile Network Solutions Division. “Kineto’s
FMC solutions are currently enabling mobile operators around the world
to deliver a variety of new revenue generating FMC services, including
dual-mode handsets, femtocells, terminal adaptors, softmobile clients
and more. We are very excited about this strategic investment, which
facilitates NEC’s aim for the leading global
femtocell position.”
“Continued strong growth in UMA-based
dual-mode handset and terminal adaptor deployments, combined with
tremendous operator interest in femtocells, highlight the FMC imperative
for mobile operators globally,” said Rick
Gilbert, president and CEO of Kineto Wireless. “We
are delighted to have the support of a leader in the mobile industry,
such as NEC, as we continue to capitalize on our leadership position in
the FMC market.”
About NEC Corporation
NEC Corporation is one of the world's leading providers of Internet,
broadband network and enterprise business solutions dedicated to meeting
the specialized needs of a diversified global base of customers. NEC
delivers tailored solutions in the key fields of computer, networking
and electron devices, by integrating its technical strengths in IT and
Networks, and by providing advanced semiconductor solutions through NEC
Electronics Corporation.
About Kineto Wireless
Kineto Wireless is a key innovator and leading supplier of FMC
(fixed-mobile convergence) solutions for mobile operators. Kineto
supplies software solutions to major mobile infrastructure and device
vendors that enable the development of products compliant with the 3GPP
UMA/GAN and upcoming HNB standards, including UMA Network Controllers,
Femto Gateways, dual-mode handsets, femtocells, terminal adaptors and
softmobiles. Kineto customers and partners include NEC, Motorola,
Samsung, LG Electronics, HTC, Qisda, Qualcomm, Texas Instruments,
Infineon, ST-NXP, Linksys, Ubiquisys and Netgear.
Information Source: Business Wire
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