Qualcomm invests in the mobile health monitoring company. The chip company's corporate venturing executive Jack Young says: "Smartphone adoption by physicians is amongst the highest in any given profession."
Semiconductor and telecom corporation Qualcomm made an investment in US-based mobile technology developer AirStrip Technologies on Thursday through its Qualcomm Life Fund. The funding was provided as part of a strategic partnership between the two firms.
The fund was launched through Qualcomm’s corporate venturing unit in order to finance small companies able to help accelerate the development of wireless health technology in healthcare. The same technology is used by Qualcomm in its 2net Platform, which can transfer data between mobile…
