Microwave Photonics Spins out of BT, Targets Wireless LANs

Microwave Photonics, a new company to be based in southern California with operations in the UK, announced its entrance into the market for enterprise wireless LAN and mobile cellular network equipment. Microwave Photonics will combine advancements in fiber optics, radio frequency (RF) and wireless systems' architectures to enable wireless systems to dynamically manage and allocate capacity. The technology behind Microwave Photonics comes from BT Brightstar, the corporate incubator created by BT's research and technology business, BTexact Technologies. Microwave Photonics entered BT Brightstar's corporate technology incubator in May 2002. The company is expected to deliver products into the OEM marketplace. Backers of the venture include Coller Capital, the UK-based global private equity investment manager; and New Venture Partners, the US-based venture capital firm.
http://www.btbrightstar.com