San Diego's Staccato Communications, which makes chips to get rid of the tangle of cables connecting electronics gear, has merged with rival Artimi and raised $20 million in new venture capital.
The merger brings together two companies working on wireless ultra-wideband, a technology for linking devices such as computers, cameras, TVs and set top boxes without using cables.
Both companies were founded in 2002. Neither has delivered a product yet, although both expect to do so soon. The combined company will retain the Staccato name and have headquarters in San Diego.
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