Check out this wiki, it has some good stuff about it. It says that
The precursor to Wi-Fi was invented in 1991 by NCR Corporation/AT&T (later Lucent & Agere Systems) in Nieuwegein, the Netherlands. It was initially intended for cashier systems; the first wireless products were brought on the market under the name WaveLAN with speeds of 1 Mbit/s to 2 Mbit/s. Vic Hayes, who was the primary inventor of Wi-Fi and has been named the 'father of Wi-Fi,' was involved in designing standards such as IEEE 802.11b, 802.11a and 802.11g.