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Wavesat and HCL Technologies
Announces Partnership
HCL Technologies Ltd.
April 4, 2006
Companies to Share Software and
Baseband Expertise to Develop Low Cost WiMAX Solutions
New Delhi, India and Montreal, Canada -- HCL Technologies Ltd. ("HCL"),
a leading global IT solutions provider in information technology, and
Wavesat, a leading silicon developer of WiMAX silicon and development
platform, have announced a partnership which will leverage Wavesat's
award-winning Evolutive WiMAX DM256 Series, along with HCL Technologies'
WiMax MAC IP and Datacom engineering expertise to develop
high-performance and low-cost 802.16 compliant solutions. The first of
several products to be jointly developed by the two companies will be
launched in the first half of 2006. |
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"The increasingly complex and still-evolving standards for WiMAX demand
flexible, highly integrated solutions designed to meet exact
specifications with a timely, price competitive and fully realized
product," stated Sandeep Kishore, Vice President, High-Tech at HCL. "We
made an early start about 18 months back on the WiMax MAC IP development
and we are looking forward to collaborating with Wavesat, which is a
recognized leader in the high growth WiMAX market. This partnership will
provide both parties with the solutions to meet the demands of these
fast-evolving emerging applications. "
Vijay Dube, VP Marketing and Business Development of Wavesat added, "Wavesat's
goal is to expedite the WiMAX reality and bring the most compelling and
cost effective solution to our customers. Our association with HCL helps
us to do just that. HCL's software expertise combined with our unique
baseband experience and understanding of the WiMAX market will be of
great benefit to our customers."
About HCL Technologies
HCL Technologies is one of India's leading global IT Services companies,
providing software-led IT solutions, BPO and remote infrastructure
management services. Having made a foray into the services domain in
1997-98, HCL Technologies focuses on technology and R&D outsourcing,
working with clients in areas at the core of their business. The company
leverages an extensive offshore infrastructure and its global network of
26 offices in 15 countries to deliver solutions across select verticals
including Banking, Insurance, Retail & Consumer, Aerospace, Automotive,
Semiconductors, Telecom and Life Sciences. For the twelve-month period
ended 31 December 2005, HCL Technologies, along with its subsidiaries,
had revenues of US $864 million (Rs 3,890 crore) and employed 28,182
professionals. For more information, please visit www.hcltech.com
About Wavesat
Founded in 1993, Wavesat Inc. is a fabless semiconductor company focused
on the development and supply of baseband chips for WiMAX compliant
systems. Wavesat is headquartered in Montreal, Canada where it conducts
research and development activities. Wavesat is a privately held
company. Key investors include, BDC Venture Capital, Monet Capital,
Multiple Capital Montreal, Pac-Link Management Corp., Skypoint Capital
Corporation, Solidarity Fund QFL and Sunsino Ventures Group. Wavesat is
a Principal member of the WiMAX Forum, a nonprofit corporation formed to
certify the compatibility and interoperability of Broadband Wireless
devices conforming to the 802.16 wireless MAN and ETSI HiperMAN
specifications and to help accelerate the introduction of these devices
into the marketplace. Please visit the company's web site at www.wavesat.com |
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