Product category: Intellectual Property Cores
News Release from: Silicon Hive
Edited by the Electronicstalk Editorial Team on 26 April 2007
Silicon Hive spins off on it own
Silicon Hive, a venture within Philips Technology Incubator, has been spun out as an independent company.
Silicon Hive, a venture within Philips Technology Incubator, has been spun out as an independent company New Venture Partners, TVM Capital and Philips have together invested US $10 million in the new company
This article was originally published on Electronicstalk on 18 Jun 2003 at 8.00am (UK)
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Philips retains a minority stake.
Silicon Hive provides highly innovative programmable processor IP cores for the semiconductor and consumer electronics industry.
The investment enables Silicon Hive to implement its ambitious growth plans by scaling its commercial operations worldwide, and allowing further investments into new product development.