Product category: Communications ICs (Wired)
News Release from: Frontier Silicon
Edited by the Electronicstalk Editorial Team on 1 March 2005
Frontier expands investor base
Frontier Silicon has closed a $28 million investment round led by ACT Venture Capital
Frontier Silicon has closed a $28 million investment round led by ACT Venture Capital and supported by existing investors including funds advised by Apax Partners, Alta Berkeley and BlueRun Ventures (formerly Nokia Venture Partners), and new investor Quilvest. Frontier Silicon was advised by Citigroup Global Markets in this transaction.
This article was originally published on Electronicstalk on 1 March 2005 at 8.00am (UK)
Related stories
SiP receiver covers T-DMB and DAB-IP broadcasts
Single-chip receiver for T-DMB and DAB-IP broadcasts uses enhanced SiP techniques to integrate multistandard baseband IC with a high-performance RF tuner and ancillary passives
Building block for radio with iPod docking feature
A reference design enables audio manufacturers quickly to produce low-cost DAB/FM radios with iPod docking capability
Frontier Silicon has successfully pioneered and helped to grow the DAB digital radio market since its inception in 2002 and recorded impressive growth.
This latest funding round will enable the company to establish a leading position in the mobile digital television market, and further develop its DAB digital radio products.
Anthony Sethill, CEO and founder of Frontier Silicon, said: 'We are pleased to welcome ACT Venture Capital and Quilvest as investors'.
Further reading
Design platform puts Wi-Fi/DAB/FM module to work
Low-cost Wi-Fi radio reference platform for 'four-in-one' module helps designers build portable and clock radio products incorporating Internet radio, DAB, FM and music streaming capabilities
Single chip DVB-H for small devices
Frontier Silicon has announced a single-chip IC (integrated circuit) for DVB-H broadcast mobile digital TV (MDTV), enabling longer battery life, smaller handset form factors and faster time-to-market
'This latest investment allows us to aggressively target and drive market share in the emerging mobile digital television market in the same way that we have established our chips in over 70% of DAB digital radios'.
'Our launch this month of a mobile digital television chipset has been well received by key mobile handset manufacturers'.
'This new funding will be used to expand existing and open new design centres for our future mobile digital television IC and software products'.
'We will continue to focus on technologies targeted at the digital radio and television markets, both for the home and mobile broadcast sectors'.
Kieron Branagan, General Partner at ACT Venture Capital added: 'We are very excited to be involved with Frontier Silicon at this time as the company ramps its development of digital broadcasting platforms'.
'The management team at Frontier Silicon is uniquely positioned to leverage the significant opportunities afforded by DAB and emerging mobile digital television standards such as T-DMB and DVB-H'.
Frontier Silicon was established in 2001, and is privately funded.
Key shareholders include ACT Venture Capital, Apax Partners Funds, Alta Berkeley, GLG Partners and BlueRun Ventures, as well as Digital One, operator of one of the world's largest DAB digital radio networks in the world, and Imagination Technologies, a leading supplier of semiconductor intellectual property for the multimedia and communications market.
• Frontier Silicon: contact details and other news
• Email this article to a colleague
• Register for the free Electronicstalk email newsletter
• NEW
• Electronicstalk Home Page
Related Business News
Taiwan stocks end down in biggest...
...drop in over 1 yr. Taipei, July 27 (Reuters) - Taiwan shares fell 4.22 percent on Friday to their lowest close in three weeks, marking their largest one-day percentage drop in more than a year, after a sell-off on Wall Street hurt big exporters such as TSMC .
Nippon Oil Aug refining seen flat, eyes Sudan crude
Tokyo, July 27 (Reuters) - Japan's top oil refiner Nippon Oil Corp. will keep its August processing volumes steady versus a year ago to meet summer gasoline demand and is seeking more Nile Blend crude to meet higher utility use.
Fluor Gains Eastman Chemical Gasification Plant Feed Work
Fluor Corporation announced today that it was selected by Eastman Chemical Company to provide front-end engineering and design work for a $1.6 billion gasification project along the Texas Gulf Coast.
Migao Corporation Secures Preferential Natural Gas Prices
Toronto, Ontario-- - Migao Corporation , a leading producer of specialty potash fertilizers for the Chinese market, is pleased to announce that it has negotiated preferential natural gas prices in Sichuan Province from China Petroleum & Chemical Corpora
South Korean envoy to meet Afghan...
...president over hostage crisis. A Seoul presidential envoy heading to Afghanistan will seek an urgent meeting with President Hamid Karzai to try to save 22 South Koreans kidnapped by the Taliban, officials said.
Search the Pro-Talk network of sites
