Saturday, March 29, 2008

Panasonic invests in home networking chip developer

"Japanese congloerate Panasonic has invested an undisclosed sum in wireless home networking control chip developer Zensys AS, joining previous backers such as Intel Capital and Cisco.
Zensys (Copenhagen, Denmark and Fremont, Calif.) said it will use the funding to further its penetration into the home automation and control market.
Zensys' Z-Wave RF-wireless home-control protocol is being pushed to replace directional IR in a variety of home networking applications including lighting, appliances, HVAC, entertainment centers, and security systems. It is often seen as an alternative to the ZigBee home and industry networking standard."

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