Click here to close now.




















Welcome!

News Feed Item

Steve Altman, Former Qualcomm President and Vice Chairman, Joins the MagnaCom Team as Active Advisor

Mobile World CongressMagnaCom Ltd., a privately held company with a mission to reinvent digital communications, today announced that Steve Altman, former President and Vice Chairman of Qualcomm (NASDAQ: QCOM), has joined the MagnaCom advisory board. Mr. Altman is recognized as the chief architect of Qualcomm’s successful IP licensing business, and will now actively assist MagnaCom in developing and executing its technology licensing business. Mr. Altman brings a critical skillset to MagnaCom, as the company enters its next chapter of driving WAM™ technology to become the new modulation of the 21st century. As part of this arrangement, Mr. Altman is also acquiring a meaningful holding in MagnaCom.

“I’m truly excited to join Yossi, Amir and the MagnaCom team, and am energized by their passion and commitment to advancing the communications industry,” said Steve Altman. “I have been very impressed with how much the company has accomplished so far in demonstrating the advantages of its patented WAM technology. I was fortunate to join the Qualcomm team very early and help build the company’s licensing business, and I look forward to applying my experience to help MagnaCom realize its vision of reinventing digital communications.”

WAM (WAve Modulation) is a vastly superior modulation, announced December 2013 and demonstrated to hundreds of industry executives during CES last month. The live demonstration showed a 10dB system gain advantage compared with legacy QAM (Quadrature Amplitude Modulation) – the modulation used in nearly all global networks for the past 40 years. A 10dB gain results in over 400% longer reach, 50% lower power, 50% better spectrum utilization and massive improvements in speed, throughput and networks operating cost. WAM applies equally to both wired and wireless communication and is 100% backward compatible with QAM, while costing less than 1mm2 of silicon to implement. Initial deployment is expected in point-to-point applications, such as wireless backhaul, satellite and fiber, followed by broader adoption into standards-based mass markets like cable, DSL, Wi-Fi and cellular. Learn more about WAM technology.

“This is a pivotal point in our company trajectory, and Steve is the absolute best person to guide us in turning WAM technology into the 'next big thing' in communications,” said Yossi Cohen, co-founder and CEO of MagnaCom. “By demonstrating the 10dB advantage at CES, we were finally able to overcome the natural skepticism by customers, partners and analysts. Our team is now executing our early partnership engagements, while hiring extensively to enable an accelerated scaling to the next level. Steve’s proven track record and right experience, combined with the company’s breakthrough technology, positions MagnaCom to make a huge impact on the telecommunications industry. This is truly an exciting time for the company.”

Steven R. Altman served as a member of Qualcomm's Executive Committee for nearly 15 years, providing direction and guidance on the overall Company vision and strategy. Joining Qualcomm in 1989, his leadership roles have included General Counsel, President of Qualcomm Technology Licensing (QTL), President of Qualcomm, Vice Chairman. Mr. Altman was the chief architect of Qualcomm's IP licensing strategy, responsible for licensing its broad intellectual property portfolio for wireless communications, which has accelerated the growth of CDMA technology. In that role, he was responsible for structuring and negotiating Qualcomm’s license agreements, joint ventures and strategic relationships. Under Mr. Altman’s leadership, Qualcomm entered into domestic and international licensing agreements with the world's largest telecommunications and electronics companies. Mr. Altman's contributions have helped enable the successful growth, evolution and expansion of Qualcomm.

Meet MagnaCom at Mobile World Congress

To schedule a meeting during MWC, February 24-27, 2014 in Barcelona, please email us at: [email protected] or call Jeremy Hyatt at +1 949 464 8926.

About MagnaCom

MagnaCom is a privately held technology company aiming to reinvent the evolution of digital communications. The company was founded around a whole new, patented modulation technology called WAM™, which can help alleviate the global spectrum congestion and insatiable demand for more bandwidth. This impacts cellular, Wi-Fi, satellite and cable TV, wireless backhaul, cable and DSL modems, long and short haul fiber and numerous other applications. The company assembled a world-class team of scientists, executives and advisors from Broadcom, Qualcomm, Motorola Mobility (acquired by Google), Texas Instruments, Intel, ST Microelectronics and Passif Semiconductor (recently acquired by Apple). WAM technology applies to carriers, handset manufacturers, and any wired and wireless system OEMs, and communication IC vendors who strive to save spectrum, increase bandwidth, speed and distance or reduce power consumption. With 15 issued patents and over 50 more pending MagnaCom is challenging the 40-year dominance of QAM as the modulation of choice for all advanced wired and wireless systems. For more information, visit www.magna-com.com.

WAM™ is a trademark of MagnaCom Ltd.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
"We've just seen a huge influx of new partners coming into our ecosystem, and partners building unique offerings on top of our API set," explained Seth Bostock, Chief Executive Officer at IndependenceIT, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Mobile, social, Big Data, and cloud have fundamentally changed the way we live. “Anytime, anywhere” access to data and information is no longer a luxury; it’s a requirement, in both our personal and professional lives. For IT organizations, this means pressure has never been greater to deliver meaningful services to the business and customers.
Digital Transformation is the ultimate goal of cloud computing and related initiatives. The phrase is certainly not a precise one, and as subject to hand-waving and distortion as any high-falutin' terminology in the world of information technology. Yet it is an excellent choice of words to describe what enterprise IT—and by extension, organizations in general—should be working to achieve. Digital Transformation means: handling all the data types being found and created in the organizat...
SYS-CON Events announced today that HPM Networks will exhibit at the 17th International Cloud Expo®, which will take place on November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. For 20 years, HPM Networks has been integrating technology solutions that solve complex business challenges. HPM Networks has designed solutions for both SMB and enterprise customers throughout the San Francisco Bay Area.
Chuck Piluso presented a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. Prior to Secure Infrastructure and Services, Mr. Piluso founded North American Telecommunication Corporation, a facilities-based Competitive Local Exchange Carrier licensed by the Public Service Commission in 10 states, serving as the company's chairman and president from 1997 to 2000. Between 1990 and 1997, Mr. Piluso served as chairman & founder of International Te...
The Software Defined Data Center (SDDC), which enables organizations to seamlessly run in a hybrid cloud model (public + private cloud), is here to stay. IDC estimates that the software-defined networking market will be valued at $3.7 billion by 2016. Security is a key component and benefit of the SDDC, and offers an opportunity to build security 'from the ground up' and weave it into the environment from day one. In his session at 16th Cloud Expo, Reuven Harrison, CTO and Co-Founder of Tufin,...
Container technology is sending shock waves through the world of cloud computing. Heralded as the 'next big thing,' containers provide software owners a consistent way to package their software and dependencies while infrastructure operators benefit from a standard way to deploy and run them. Containers present new challenges for tracking usage due to their dynamic nature. They can also be deployed to bare metal, virtual machines and various cloud platforms. How do software owners track the usag...
SYS-CON Events announced today that MobiDev, a software development company, will exhibit at the 17th International Cloud Expo®, which will take place November 3–5, 2015, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software development company with representative offices in Atlanta (US), Sheffield (UK) and Würzburg (Germany); and development centers in Ukraine. Since 2009 it has grown from a small group of passionate engineers and business managers to a full-scale mobi...
With SaaS use rampant across organizations, how can IT departments track company data and maintain security? More and more departments are commissioning their own solutions and bypassing IT. A cloud environment is amorphous and powerful, allowing you to set up solutions for all of your user needs: document sharing and collaboration, mobile access, e-mail, even industry-specific applications. In his session at 16th Cloud Expo, Shawn Mills, President and a founder of Green House Data, discussed h...
For IoT to grow as quickly as analyst firms’ project, a lot is going to fall on developers to quickly bring applications to market. But the lack of a standard development platform threatens to slow growth and make application development more time consuming and costly, much like we’ve seen in the mobile space. In his session at @ThingsExpo, Mike Weiner, Product Manager of the Omega DevCloud with KORE Telematics Inc., discussed the evolving requirements for developers as IoT matures and conducte...
There are many considerations when moving applications from on-premise to cloud. It is critical to understand the benefits and also challenges of this migration. A successful migration will result in lower Total Cost of Ownership, yet offer the same or higher level of robustness. In his session at 15th Cloud Expo, Michael Meiner, an Engineering Director at Oracle, Corporation, analyzed a range of cloud offerings (IaaS, PaaS, SaaS) and discussed the benefits/challenges of migrating to each offe...
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
In their session at 17th Cloud Expo, Hal Schwartz, CEO of Secure Infrastructure & Services (SIAS), and Chuck Paolillo, CTO of Secure Infrastructure & Services (SIAS), provide a study of cloud adoption trends and the power and flexibility of IBM Power and Pureflex cloud solutions. In his role as CEO of Secure Infrastructure & Services (SIAS), Hal Schwartz provides leadership and direction for the company.
In a recent research, analyst firm IDC found that the average cost of a critical application failure is $500,000 to $1 million per hour and the average total cost of unplanned application downtime is $1.25 billion to $2.5 billion per year for Fortune 1000 companies. In addition to the findings on the cost of the downtime, the research also highlighted best practices for development, testing, application support, infrastructure, and operations teams.
The Internet of Everything (IoE) brings together people, process, data and things to make networked connections more relevant and valuable than ever before – transforming information into knowledge and knowledge into wisdom. IoE creates new capabilities, richer experiences, and unprecedented opportunities to improve business and government operations, decision making and mission support capabilities.