Intel has unveiled plans for a new networking chip family and the creation of an equity fund designed to aid companies developing products around the new technology.
At its annual developer's forum in Palm Springs, California, today, the company said the new range, based around its new Internet Exchange Architecture (IX) will help enable the networking and communications industry build faster, more intelligent networks.
The IX architecture uses an open standards based design allowing systems designers to add network functionality quickly and cost effectively, company officials said. The new technology is a result of Intel's recent acquisitions of Level One Communications, Softcom Microsystems and Digital Semiconductor.
As part of the launch, Intel is introducing a developer's tool kit to help facilitate product design and enable equipment suppliers to provide post sale product enhancements to their customers. New capabilities such as wire speed voice, video and data services can be added to existing equipment by reprogramming the network processor, which allows suppliers to extend the life and value of their designs.
Mark Christiansen, vice president and general manager of Intel's Network Communications Group, also said the company had set up a $200 million equity fund that would initially be used to invest in companies developing IX architecture based systems and software.
"The explosive growth of the Internet and ebusiness requires faster deployment of high bandwidth equipment and greater flexibility to support emerging Internet technologies and new services within the network," said Christiansen. "IX architecture will help customers deliver faster and smarter networks on Internet time."
At the same time, a number of companies announced their support for the new architecture including Cisco, Cabletron and Newbridge Networks.
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