Ing C Olivetti & Co SpA has spun off Telemedia Systems Ltd and it will market Asynchronous Mode technology developed at the Olivetti Research Lab. It will develop and market the N-Point range of directly-attached Asynchronous Mode peripherals designed to deliver multi-stream, live and stored multimedia to the desktop. The first product should ship this month and will capture and display multimedia across ATM-25 networks. And Wireless video networking could be the next spin-off from Olivetti’s Research Labs in Cambridge, according to Electronics Times. The laboratory has developed a system to send video and data over radio links. Coupled with low-power radio technology, this could lead to hand-held Internet terminals, says lab director, Dr Andy Hopper. The wireless link operates at 10Mbps second with Asynchronous Transfer Mode protocols, using three frequencies in the deregulated 2.4GHz band.