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NICTA chip plans thwarted by dearth of venture capital
Beverley Head
Friday, 28 August 2009 06:16
Page 2 of 2
The technology could be embedded in smartphones said Professor Skafidas. “Instead of going to the local Blockbuster you could download a movie onto a smart phone in 5-7 seconds if it was enabled with GiFi. For a USB today a download would take about 15 minutes.”
Despite the setbacks in terms of finding venture capitalists willing to lead the spinout of a new company Professor Skafidas said he was still hoping to see NICTA’s chips being built into products by 2011.
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