Briefs: CSR shows of ultra low power Bluetooth chip; Sareum raises £0.55m; Autonomy launches new Info Governance platform
CSR gave the first public demonstration of its Ultra Low Power (ULP) Bluetooth silicon at the Continua Health Alliance medical conference in Luxembourg. The demonstrations showed the Bluetooth silicon consumes 10 times less power than standard Bluetooth when connectable. Other participants in the medical conference included the Bluetooth Special Interest Group (SIG) and Nokia.
CSR's ULP Bluetooth demonstrations consisted of two ICs successfully transferring ULP Bluetooth data packets 50-times faster than standard Bluetooth, meaning that the devices were consuming as little as 1/50th of the power. In addition, in establishing the connection, the ULP devices used 1/10th the power required by standard Bluetooth. CSR's demonstration ICs employed both standard Bluetooth (v.2.1) and ULP Bluetooth radios. CSR calls these devices 'dual-mode' because they support both flavours of Bluetooth radio.
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Sareum Holdings plc, the specialist structure-based drug discovery firm, said it has agreed to place, through its broker, Dowgate Capital Stockbrokers Ltd, 219m ordinary shares at 0.25p each to raise £548,500 before expenses. The funds raised will provide additional working capital.
CEO Tim Mitchell said: “We are pleased to have been able to raise funds in difficult market conditions.”
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Autonomy, a global leader in infrastructure software for the enterprise, launched Autonomy Information Governance, the industry's first information governance platform that automates real-time policy management based on forming a conceptual and contextual understanding of all enterprise information.
Autonomy's unique capability is a major step forward in reducing risks inherent in information by applying policy based on understanding what an email, document or phone recording says instead of relying solely on its metadata.
In the wake of the amended Federal Rules of Civil Procedure (FRCP), sub-prime mortgage and credit crisis and highly publicized internal fraud cases, organizations are under increased pressure to implement information policies for finding, holding and disposing of information in a timely manner.
"Most organizations are under the misconception that their current technologies are enough; that is until they've had one really bad experience," said Browning Marean, Partner, DLA Piper US LLP. "With 14,000 separate records retention regulations out there and the complexities and costs being incurred just trying to comply with legal hold requests, a company doesn't have the capability to manage this without advanced technology."
In a separate announcement Autonomy said it has entered into a significant license agreements with Home Box Office Inc (HBO) and with Allstate Corporate for the license of Autonomy software.
14th April 2008
