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Product category: Analogue and Mixed Signal ICs
News Release from: Wolfson Microelectronics
Edited by the Electronicstalk Editorial Team on 16 November 2001
More money for Wolfson's expansion
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Wolfson Microelectronics has secured mezzanine funding of $5.07 million from WestLB, $2m from Sanyo and $600k from existing shareholders in the form of preference shares.
Wolfson Microelectronics has secured mezzanine funding of $5.07 million from WestLB, $2m from Sanyo and $600k from existing shareholders in the form of preference shares The investment will fund the expansion of the company's worldwide sales and marketing efforts, with increased emphasis on the USA, and finance the company's ongoing product support and development