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USB (1.0 and 1.1) provides an expandable, hot-pluggable Plug and Play serial interface that ensures a standard, low-cost connection for peripheral devices on both the PC and Mac platform. While USB (1.0 and 1.1) support data transfers at up to 1.5 Mbps for low-speed devices (and up to 12 Mbps for full-speed devices), USB 2.0 supports up to 480 Mbps for high-speed devices. Microsoft, HP, Compaq, Intel, Agere, NEC and Philips are seven core members of USB-IF to have worked on USB 2.0 standardization. In addition, USB 2.0 is said to support old USB software and peripherals.

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