Tuesday, September 18, 2007
Samsung invests $27 million in the D-round for funding fabless chip vendor picoChip (Bath, England).
The Korean electronics group is interested in the manufacturer of multi-core DSPs because picoChip's products aim at applications in 3G mobile network and WiMAX base stations. Samsung manufactures these base stations.
"Samsung is a world leader in wireless infrastructure, and it is a testament to picoChip's prominence as a silicon vendor for this market that Samsung has chosen to invest in us", said picoChip CEO Guillaume d'Eyssautier.
The round has brought the total company founding to $70.5 million. Besides multicore DSPs, picoChip also provides reference designs for WiMAX and HSDPA femtocell, picocell and macrocell reference designs.
By: DocMemory
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