USA, GainSpan Gets Investment from In-Q-Tel

GainSpan(R) Corporation, a provider of low power Wi-Fi semiconductor solutions, announced a strategic investment and technology development agreement with In-Q-Tel, the independent strategic investment firm launched by the CIA in 1999 in order to identify innovative technology solutions to support the mission of the broader U.S. Intelligence Community.
Commenting on the agreement, Vijay Parmar, President and CEO of Los Gatos-Ca.-based GainSpan, said: “Our strategic agreement with In-Q-Tel ensures that the U.S. Intelligence Community has easy access to GainSpan technology.
“Also, as a member of In-Q-Tel’s technology partner portfolio, In-Q-Tel provides us introduction to other portfolio companies where there are opportunities for knowledge-sharing and co-development”.

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