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Jun17
Comcast Invests in BroadLogic to Increase Web speeds

With the Internet poised to offer up unknown amount of significant revenue in the next few years in video, various media and tech companies are making investments to make sure they're positioned for the surge.

One of the latest investments is by Comcast (CMCSA), who is putting their money in BroadLogic, a chip developer which makes chips that increase Internet access speeds and increased high-definition channels. This is part of a $17 million second-round of financing for BroadLogic, which also includes the No. 6 cable operator in the country, Advance/Newhouse.

BroadLogic received funding in its first-round of financing from Intel (INTC), Time Warner (TWX) and Cisco Systems (CSCO).

Comcast%20invests%20in%20broadlogic.jpgThe two types of chips Broadlogic produces are the Wideband Receiver which helps to recover bandwidth for cable companies and help their platforms to function better, and the TeraPIX video processor. They are currently used mainly within cable modems, but are going to be expanded across the cable infrastructure in the near future, according to Comcast Interactive Capital Managing Director Louis Toth.

"We're seeing this need for more services in the future and we're laying the groundwork by investing in companies like BroadLogic," said Toth. "Then we're having them talk to some of the equipment vendors to come up with a new generation of products to improve the capacity of the network." 
 
Recently, Comcast CEO Brian Roberts gave a demonstration of Internet speeds which reached up to 100 megabits a second.

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