Alereon to Develop UWB Chipsets

Alereon, a start-up based in Austin, Texas, unveiled plans to develop Ultra wideband (UWB) semiconductors for personal area networks. Alereon's first product, in development for commercial availability in late 2004, will be compatible with the emerging IEEE 802.15.3a standard for PAN communications. Eric Broockman, formerly with Austin-based semiconductor company Legerity, joins the company as CEO. Jim Baker and Jeff Ross, both former executives at UWB developer Time Domain Corporation, will serve as chief operating officer and executive vice president, respectively. Alereon currently has 27 employees. The company is being funded by Austin Ventures, Pharos Capital and other investors.
http://www.alereon.com