MUNICH, Germany â€” Samsung participates in the D-round for funding fabless chip vendor picoChip (Bath, England). The value of the funding round is $27 million. Samsung‘s investment, however, has not been disclosed.
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 Samsung investment forms part of the new investment D-round led by Highland Capital Partners. 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.
EE Times Europe
(09/18/2007 7:58 AM EDT)
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