22 May 2008
Cisco and Qualcomm have made strategic investments in ip.access, the Cambridge UK company in the vanguard of femtocell and picocell technologies. The terms of the investment were not disclosed. Already cash-positive with its existing 2G picocell business, ip.access has secured funding from an impressive array of industry supporters for its breakthrough Oyster 3G™ femtocell, which is currently in trials with major mobile network operators globally. Existing ip.access investors include Scottish Equity Partners, Rothschild Gestion, Intel Capital, Amadeus Capital Partners, ADC and Motorola Ventures.