Intel and Motorola try to make a better Wi-Fi
The investment units of Intel and Motorola are putting a total of $900 million into Clearwire, a wireless Internet service provider, in hopes of speeding development of its high-speed wide-range network.
Intel Capital said Wednesday that it would make a $600 million cash investment in Clearwire, which was founded about three years ago by Craig McCaw, a pioneer in the cellular phone industry.