Tuesday, June 28, 2011

Fresco Microchip Raises $9 Million Series C Round

TORONTO, Canada, June 28, 2011 – Fresco Microchip Inc., a developer of leading-edge RF, mixed-signal and digital signal processing integrated circuits (ICs), today announced that it has secured funding in a series C financing round totaling $9 million. The Ontario Venture Capital Fund (OVCF) joins Fresco’s existing investors, which include Celtic House Venture Partners and Ventures West. Funds will be used to commercialize Fresco’s expanded product portfolio and to augment the company’s ability to serve customer demand in emerging markets.

With millions of chips shipped in hundreds of television models worldwide, Fresco is the de-facto standard for picture quality and optimal system cost in global television markets. The company’s field-proven TV demodulators enable sharper visual quality, richer brightness and more vivid colors, which enrich the overall viewing experience. Capitalizing on the company’s market leadership and vast engineering expertise in analog and digital television, Fresco has launched a family of silicon tuner products that reduce design complexity and system cost. Fresco’s silicon tuners leverage an innovative, game-changing architecture that eliminates redundant functionality and components commonly found in analog-only and hybrid televisions.

“Fresco’s success is a direct result of our ongoing commitment to deliver value through innovation,” said Lance Greggain, CEO, president, and co-founder of Fresco Microchip. “We are delighted to expand our investor syndicate with solid backing from Canada’s leading investment partners, which is a testament of our team’s technical know-how, deep market understanding and ability to deliver industry-leading products in high volume to our customers.”

“Fresco’s phenomenal growth in its first year of initial production demonstrates the distinct competitive advantage of the company’s technology,” said Brian Antonen, partner, Celtic House. “The addition of the OVCF to the investment syndicate will accelerate the company’s growth and paves the way for continued success with the launch of Fresco’s latest products.”

“Ventures West has been an investor in Fresco since its inception,” said Ted Anderson, managing general partner of Ventures West. “The company established itself as an industry leader with excellent brand recognition and quality, innovative products. We believe the company’s new products have tremendous potential to fundamentally change television technology.”

“OVCF is delighted to join our investment partners to support Fresco’s next stage of growth to deliver world class returns,” said Ian Carew, director of Northleaf Capital Partners, the manager of OVCF. “OVCF was designed to support innovative, emerging companies in Ontario, and Fresco is a great example of a high-potential firm that is well positioned to succeed on the global stage.”

About Celtic House Venture Partners 

For over 15 years, Celtic House Venture Partners has been Canada’s most active investor in private information and communications technology companies. Applying a unique architectural approach to investing and capitalizing on the deep domain expertise of its partners, Celtic House has consistently provided superior financial returns to its investors. With $315 million under management, Celtic House has collaborated with management teams and repeat entrepreneurs to develop platform technology companies from the inception phase through to exit, generating over 20 initial public offerings and successful acquisitions. For more information, visit www.celtic-house.com.

About Ventures West 

Ventures West is a privately held venture capital investment group that invests in early stage technology companies across Canada from offices in Vancouver and Toronto. Established in the Canadian venture capital market for 40 years, Ventures West has formed eight venture capital funds totaling over $700 million, and has invested in over 200 companies. With 5 professional technology investment managers, the Ventures West team has over 100 years of technology venture investing and hands-on operating experience. For more information, visit www.ventureswest.com.

About Ontario Venture Capital Fund 

The $205 million Ontario Venture Capital Fund is a joint initiative between the Government of Ontario and leading institutional investors to invest primarily in Ontario- based and Ontario-focused venture capital and growth equity funds that support innovative, high growth companies. OVCF is structured as a fund of funds to invest in a range of funds as well as co-investing directly in companies, with the primary objective of generating attractive returns for its investors. The Fund is managed by Northleaf Capital Partners. For more information on OVCF, go to www.ovcf.com.

About Fresco Microchip, Inc. 

Fresco Microchip is a leader in RF, analog and digital semiconductors. The company’s products deliver Value Through InnovationTM by offering significantly lower system solution costs at optimal performance. Fresco’s patent-pending technology transcends a broad range of consumer devices creating a fundamental paradigm shift in the television market. Fresco Microchip’s customers include top tier tuner manufacturers who supply leading consumer electronic brands. The company is headquartered in Markham, Canada with design centers in Ottawa, Canada and Irvine, Calif. For more information visit: www.frescomicrochip.com

Friday, June 24, 2011

Touchstone raises $12M Series A

MILPITAS, CA - June 23, 2011 – Touchstone Semiconductor, Inc., a developer of high-performance analog integrated circuit solutions, today announced that it has received $12 million in Series A funding. Silicon Valley venture capital firms Opus Capital and Khosla Ventures were the primary investors. Touchstone Semiconductor was the only semiconductor company in Silicon Valley to receive Series A funding in the year 2010. The investment is being used for research and development, marketing, and sales for Touchstone’s growing family of high-performance analog integrated circuits.

A group of industry experts from Maxim Integrated Products, Linear Technology and Analog Devices formed Touchstone in 2010 to build a high-performance analog company. Touchstone’s proprietary products offer a unique combination of features and performance that cannot be found elsewhere in the analog market. Touchstone’s second-source products are pin-compatible and specification identical to competitive offerings, providing an ideal alternative for hard-to-secure sole-sourced products.

“We are proud to be the only semiconductor company in the Silicon Valley to receive Series A funding last year. Our investors recognized that the highly fragmented $40 billion analog market offers a tremendous opportunity for sustained growth,” said Brett Fox, president and CEO of Touchstone Semiconductor. “We believe the combination of our extremely talented and committed team, industry expertise and proven business strategy will enable us to build a highly profitable company.”

“The ability to recruit top-notch analog engineering talent is extremely difficult,” commented Pierre Lamond, general partner at Khosla Ventures. “The Touchstone team has demonstrated its ability to hire an elite group.”

“The high-performance analog market is the most profitable and capital efficient segment of the semiconductor market. There are very few teams with the capability to successfully enter this market, and Touchstone is one of them,” said Gill Cogan, general partner at Opus Capital.

During the past three months, Touchstone has introduced its first products: the proprietary TS1001 Op Amp, the industry’s only operational amplifier that uses only 0.8V while using 0.6µA of current. Its TSM9117-9120 is a family of second-source comparators for Maxim Integrated Products’ popular MAX9117-MAX9120. At least 20 parts will be announced in its first year of production.

In other news, Touchstone announced that Cathal Phelan, chief technical officer at Cypress Semiconductor Corp. and a 25-year semiconductor industry expert, has joined its board of directors. He joins Fox, Cogan, and Naveed Sherwani, CEO, Open-Silicon.

ABOUT TOUCHSTONE

Touchstone Semiconductor Inc. (www.touchstonesemi.com) creates high-performance analog IC solutions that solve critical problems for electronics companies. Touchstone's second-source products are pin-compatible, specification identical solutions, offering customers a long-awaited alternative source for hard to get sole-sourced products. Touchstone's proprietary products provide unique combinations of features and performance that cannot be found from any other supplier. Founded in 2010, Touchstone is headquartered in Milpitas, Calif. Find us at Twitter:@touchstonesemi or Facebook: Touchstone Semiconductor.

Tuesday, June 21, 2011

DisplayLink Receives $8 Million Financing

PALO ALTO, Calif.--(BUSINESS WIRE)--DisplayLink, the leading provider of networked display technology for multi-monitor and USB-connected computing, has announced that it will receive eight million dollars of new financing in a fourth round investment, with an option for an additional six million if needed. The Palo Alto-based company did not disclose the investors providing the new capital. DisplayLink has previously received financing from Atlas Venture, Balderton Capital, DAG Ventures, DFJ Esprit and WTI. The company has raised a total of $68 million.

“DisplayLink has received another vote of confidence from the investor community with this new round of financing,” said Graham O’Keeffe, DisplayLink Chairman. “Strong growth continues in our markets for USB graphics adapters, universal docking stations, and monitors in both the corporate and consumer segments. There are now close to four million USB graphics users, with SuperSpeed USB 3.0 catching on quickly. This financing will help DisplayLink to rapidly deliver compelling new products for these markets.”

DisplayLink intends to continue its product development and innovation, particularly in the SuperSpeed USB and Wireless-enabled categories. According to a research report from In-Stat (www.in-stat.com) entitled “USB 2011: SuperSpeed Comes to Market,” nearly 80 million SuperSpeed-enabled devices will ship in 2011. DisplayLink has already been recognized as a leader in the SuperSpeed category, capturing a CES 2011 award for its enabling technologies.

“DisplayLink continues to benefit from the support of some of the world’s leading venture capital groups,” said Dennis Crespo, executive vice president of marketing and business development for DisplayLink. “With this investment, we are well-resourced to further grow our PC peripherals business, particularly in zero-client computing. This market has been fueled by the recent introduction of Windows Multipoint Server 2011, with DisplayLink supporting a growing number of customers and partners in this category.”

About DisplayLink

DisplayLink Corp develops hardware and software solutions to enable easy connectivity between computers and displays over standard interfaces such as USB, Ethernet and wireless networks. DisplayLink technology is used in dozens of globally branded PC accessories including monitors, universal docking stations, display adapters, projectors, and zero client systems that make expansion of the desktop visual workspace possible, at significantly lower cost and energy usage than traditional solutions.

Monday, June 20, 2011

ClariPhy secures new $14M funding round

IRVINE, Calif.--(BUSINESS WIRE)--ClariPhy Communications, Inc., a leading developer of ultra-high speed mixed signal, digital signal processing (MXSP) ICs for optical networks, announced today it has secured $14M in new financing. The funding round was led by Nokia Siemens Networks, a global supplier of telecommunications equipment and services, and also included existing investors. The investment strengthens ClariPhy’s capability to drive volume deployment of state of the art system on chips (SoCs) for coherent optical transmission at data rates of 40 gigabits per second (40G), 100G and beyond.

The widespread adoption of smart phones, surge in IPTV deployments and emerging cloud computing applications are driving capacity upgrades in optical transport networks worldwide. To meet growing bandwidth requirements in optical transport networks, ClariPhy is developing a new class of single-chip CMOS SoCs that uses advanced DSP driven coherent modulation schemes to increase reach and tolerance to impairments for optical networks while reducing cost of ownership. ClariPhy is the first semiconductor vendor to deliver SoCs targeting 40G coherent networks in 40nm CMOS, which provides a strong foundation for its SoC roadmap focused on further reduction in power consumption by leveraging 28nm and smaller geometries.

“We are pleased to announce this financing and to welcome Nokia Siemens Networks as an Investor,” said Paul Voois, CEO of ClariPhy. “Service providers are upgrading their networks to scale with ever-growing capacity requirements, driving optical networking OEMs to incorporate silicon solutions that deliver maximum performance and flexibility. Leveraging our extensive internal expertise in mixed signal design and scalable DSP architecture, our broad library of IP, and our backend integration capabilities, we are developing both standard and custom IC products that for the first time give all OEMs access to coherent transmission technology. The compelling economics of coherent transmission for service providers are the key driver for such strong industry participation in our recent financings.”

The new funding round, led by one of the industry’s largest network equipment suppliers, signals growing confidence in ClariPhy’s leadership and uniqueness in bringing together the requisite skills and technologies needed to develop the cost-effective CMOS networking ICs that will enable next generation optical networks. The investment from Nokia Siemens Networks also illustrates the growing synergy between its packet optical network plans and ClariPhy’s IC development strategy.

“Given the synergy between our two teams, we believe this relationship will enable us to offer highly differentiated and scalable products using ClariPhy’s Coherent IC and technology portfolio which gives us a clear competitive edge in the optical network markets,” said Vesa Tykkyläinen, head of optical networks at Nokia Siemens Networks.

All of ClariPhy’s existing venture investors participated in the funding round, including Norwest Venture Partners (NVP). “This investment continues to validate NVP’s long term backing of great technology teams that deliver disruptive solutions to the marketplace,” said Robert Abbott, General Partner at NVP. “We believe ClariPhy is the only Coherent SoC supplier that owns and develops all of the crucial mixed-signal and digital signal processing IP required to develop cutting-edge single chip CMOS solutions for coherent transmission at 40G and higher.”

About ClariPhy

ClariPhy Communications, Inc. (www.clariphy.com) develops mixed signal, advanced signal processing (MXSP) semiconductors targeting 10G, 40G and 100G networks in enterprise backbone, enterprise data center and telecom markets. ClariPhy is headquartered in Irvine, California and has offices in Los Altos, California and Cordoba, Argentina. ClariPhy’s investors include Allegis Capital, Norwest Venture Partners, Oclaro, Onset Ventures, Nokia Siemens Networks and Pacific General Ventures.

About Nokia Siemens Networks

Nokia Siemens Networks (www.nokiasiemensnetworks.com) is a leading global enabler of telecommunications services. With its focus on innovation and sustainability, the company provides a complete portfolio of mobile, fixed and converged network technology, as well as professional services including consultancy and systems integration, deployment, maintenance and managed services. It is one of the largest telecommunications hardware, software and professional services companies in the world. Operating in 150 countries, its headquarters are in Espoo, Finland.

About Norwest Venture Partners

Norwest Venture Partners (NVP) is a leading global investment firm that manages more than $3.7 billion in capital. Headquartered in Palo Alto, California, NVP has subsidiaries in Mumbai and Bengaluru, India and Herzelia, Israel. NVP makes early to late stage venture and growth equity investments in U.S. and global companies across a wide range of sectors including: information technology, business services, financial services, infrastructure, technology enabled services and consumer. NVP has actively partnered with entrepreneurs to build great businesses for more than 50 years and has funded nearly 500 companies since inception.

Monday, June 13, 2011

Analog Devices acquires Lyric Semiconductor

Norwood, MA (06/13/2011) - Analog Devices, Inc. (NYSE: ADI) today announced that it has acquired Lyric Semiconductor, a privately-held Cambridge, Massachusetts, company. Comprising a talented team of circuit design and algorithm experts, Lyric Semiconductor has developed an innovative set of techniques that have the potential to achieve an order of magnitude improvement in power efficiency in mixed-signal processing and enable additional signal processing functionality in a broad set of applications.

“As a leader in signal processing, ADI continually looks for opportunities to incubate ideas and invest in promising technologies for the future,” said Sam Fuller, ADI CTO and vice president of R&D. “Lyric’s domain knowledge, commitment to advancements in signal processing, and innovative spirit are a great fit for ADI and a strong addition to our long-term technology strategy.”

"Analog Devices and Lyric Semiconductor are extremely well aligned from a strategic perspective," said Ben Vigoda, Lyric co-founder and CEO. "We are excited about the commitment ADI is making to our team and technology and look forward to leveraging ADI's leadership and strengths to further innovate in the signal processing domain." The entire Lyric team, including co-founders Ben Vigoda and Dave Reynolds, are now ADI employees.

Analog Devices completed the acquisition of Lyric Semiconductor on June 9, 2011.

Ambarella Files S-1 for Initial Public Offering

SANTA CLARA, Calif.--(BUSINESS WIRE)--Ambarella, Inc., a leading developer of semiconductor processing solutions for video that enable high-definition video capture, sharing and display, today announced that it has filed a registration statement on Form S-1 with the Securities and Exchange Commission for a proposed initial public offering of its ordinary shares. The number of shares to be offered and the price range for the offering have not yet been determined.

Morgan Stanley & Co. LLC and Deutsche Bank Securities Inc. are acting as the joint book-running managers for the offering. Stifel, Nicolaus & Company, Incorporated and Needham & Company, LLC are acting as co-managers for the offering.

When available, a copy of the preliminary prospectus may be obtained from Morgan Stanley & Co. LLC, by telephone: (866) 718-1649; by standard mail at Morgan Stanley & Co. LLC, Attention: Prospectus Department, 180 Varick Street, New York, NY 10014; or by email: prospectus@morganstanley.com; and from Deutsche Bank Securities Inc., by mail at Deutsche Bank Securities Inc., Attention: Prospectus Department, Harborside Financial Center, 100 Plaza One, Jersey City, NJ 07311-3988; by telephone: (800) 503-4611; or by e-mailing prospectus.cpdg@db.com.

Link to the S-1 filing here.

End customers: In the camera market, our video processing solutions are designed into products from leading OEMs including Eastman Kodak Company, GoPro, Samsung Electronics Co., Ltd. and Sony Corporation, who source our solutions from ODMs including Ability Enterprise Co., Ltd., Asia Optical Co. Inc., Chicony Electronics Co., Ltd., DXG Technology Corp., Hon Hai Precision Industry Co., Ltd. and Sky Light Digital Ltd. In the infrastructure market, our solutions are designed into products from leading OEMs including Harmonic Inc., Motorola Mobility, Inc. and Telefonaktiebolaget LM Ericsson, who source our solutions from leading ODMs such as Plexus Corp.

Financial Highlights: For fiscal year ending 1/31/2011; sales of $94.7M and a GM of 64%.

Manufacturing: "To date, the majority of our SoCs have been manufactured on a turnkey basis by Global UniChip Corporation, or GUC, in Taiwan, from whom we purchase fully assembled and tested products. The wafers used by GUC in the assembly of our products are manufactured by Taiwan Semiconductor Manufacturing Co., Ltd., or TSMC, in Taiwan. Beginning in fiscal year 2010, we began to use Samsung Electronics Co., Ltd., or Samsung, in South Korea, from whom we have the option to purchase both fully assembled and tested products as well as raw wafers. GUC subcontracts the assembly of the products it supplies to us to Advanced Semiconductor Engineering, Inc. and Siliconware Precision Industries Co., Ltd. Samsung subcontracts the assembly and initial testing of the products it supplies to us to Signetics Corporation and STATS ChipPAC Ltd. Final testing of all of our products is handled by King Yuan Electronics Co., Ltd. or Sigurd Corporation under the supervision of our engineers."

Patents: As of March 31, 2011, we had 11 issued and allowed patents in the United States, three issued patents in China, and 46 pending and provisional patent applications in the United States.

Friday, June 10, 2011

Qualcomm to Acquire the Assets of Rapid Bridge

SAN DIEGO, June 10, 2011 /PRNewswire-FirstCall/ -- Qualcomm Incorporated (NASDAQ: QCOM) today announced it has agreed to acquire substantially all of the assets of Rapid Bridge LLC, a San Diego-based inventor of advanced techniques for the design and development of semiconductor products. The company's technology reduces complexity in integrated circuit (IC) development at advanced technology nodes to enable greater design flexibility and optimized die size and power consumption.

Rapid Bridge's San Diego design team and San Diego/Bangalore engineering services operations will be integrated into Qualcomm CDMA Technologies. The asset acquisition, which is subject to regulatory approval and fulfillment of certain terms and conditions, is expected to close by the end of fiscal year 2011.

Kovio Raises $15 Million

MILPITAS, Calif., June 9, 2011 /PRNewswire/ -- Kovio, Inc., a privately held pioneer in printed silicon electronics, today announced that it has raised $15 million in a new equity financing led by Tyco Retail Solutions, a unit of Tyco International and a global leader in retail solutions and services. As the market opportunity for mobile interactive platforms evolve, the funding will enable Kovio and Tyco Retail Solutions to deliver solutions that take advantage of the emerging infrastructure of Near Field Communication (NFC)-enabled devices and printed silicon capabilities. Current investors Kleiner Perkins, Caufield & Byers, DAG Ventures, Northgate Capital, Harris & Harris, Flagship Ventures and Pangaea Ventures also participated in the round.

"We are delighted to be partnering with Tyco to bring to market the world's first commercially available products that leverage Kovio's printed silicon capabilities," said Kovio CEO Amir Mashkoori. "By integrating our products with the offerings from Tyco Retail Solutions we are enabling new opportunities for retailers and brand owners."

Kovio combines proprietary high-performance silicon inks with graphics printing technologies to print Kovio RF Barcodes on flexible substrates at a fraction of the cost of conventional silicon technology. Combined with NFC enabled mobile phones and devices, Kovio's RF Barcodes usher in a new era of mobile marketing and advertising by allowing brand owners and retailers to engage directly with individual consumers. With a simple wave of their mobile phone consumers will be able to gain deeper product insight, take advantage of targeted promotions and offers, and be assured of a product's safety and authenticity.

"Kovio has developed a groundbreaking technology and we are pleased to partner with them to accelerate its introduction to the market," commented Scott Clements, President of Tyco Retail Solutions.

"We are very excited about the Kovio opportunity and the strategic partnership with Tyco Retail Solutions," added Ajit Nazre, partner, Kleiner Perkins, Caufield and Byers. "The emergence of NFC-enabled devices coupled with Kovio's unique printed silicon capability makes for a dynamic market opportunity within interactive mobile platforms."

About Kovio, Inc.

Kovio, Inc., a privately held Silicon Valley company, is developing a new category of semiconductor products using printed silicon electronics and thin-film technology. Kovio's approach delivers a unique and compelling value proposition in multiple industries, including retail, healthcare, consumer electronics, transportation, manufacturing and energy. For more information on Kovio, please visit http://www.kovio.com.

About Tyco Retail Solutions

Tyco Retail Solutions, a unit of Tyco International, is a leading global provider of integrated retail performance and security solutions, deployed today at more than 80 percent of the world's top 200 retailers. Operating in more than 70 countries worldwide, Tyco Retail Solutions provides retailers with real-time visibility and protection of their inventory and assets to improve operations, optimize profitability and create memorable shopper experiences. The Tyco Retail Solutions portfolio is sold through ADT and authorized business partners around the world. For more information, please visit www.tycoretailsolutions.com.

Monday, June 6, 2011

Intel acquires SiPort

From the SiPort web site:

Dear Valued Customer:

On May 25, 2011 Intel Corporation acquired SiPort. On behalf of Intel Corporation, we want to take this opportunity to assure you of Intel’s commitment to our customers and a seamless transition.

Digital radio is poised to become an important ingredient for handsets and other mobile devices as broadcast radio transitions from analog to digital. Intel’s acquisition of SiPort enhances our abilities to continue as the leading provider of low power, single-chip CMOS solutions enabling wide spread adoption of broadcast digital radio. SiPort’s digital radio expertise and solutions will leverage Intel’s market and technology leadership to provide best-in-class digital radio solutions.

The sales support and order management system provided by SiPort prior to the acquisition will continue in a ‘business as usual model’ for your product support needs on SiPort branded products. We are currently in transition planning phase, with the objective of making this transition as smooth as possible for you. Please be assured that as transition plans firm up we will provide you with detailed updates.

Please continue to contact the sales representative you worked with at SiPort before the acquisition for support or questions until directed otherwise by Intel through future communications.

Intel is excited about this acquisition and values your business. We look forward to working with you during this transition and in the future. Thank you in advance for your support during this transition.

Sincerely,

David Rolston
Senior Director, Mobile Wireless Group
Intel Corporation

Wednesday, June 1, 2011

BCD Semiconductor Manufacturing Agrees to Acquire Auramicro

SHANGHAI, China, May 31, 2011 (GLOBE NEWSWIRE) -- BCD Semiconductor Manufacturing Limited ("BCD Semiconductor") (Nasdaq:BCDS), a leading analog integrated device manufacturer, or IDM, based in China, specializing in the design, manufacture and sale of power management integrated circuits, or ICs, today announced that it has acquired Auramicro Corporation, a private company incorporated in Cayman Islands with main operations in Taiwan, for approximately $5.6 million in cash. The acquisition will add a significant engineering team to BCD's power management IC research and development team. In addition, the acquisition will expand BCD's rapidly growing DC/DC product portfolio with solutions that can leverage BCD's Fab 2 manufacturing process currently under development.

"The addition of Auramicro's analog design team and power IC product portfolio will be a great complement to BCD's growing power IC business," said Chieh Chang, CEO of BCD Semiconductor. "We feel our differentiated business model will allow us to continue to take share in the multi-billion dollar power IC market and we are excited to have Auramicro's team join the BCD family."

The transaction is expected to close by the end of the second fiscal quarter of 2011. The acquisition, which initially adds approximately $500 thousand in operating expenses per quarter, is expected to be neutral to BCD's earnings per share in the company's 2011 fiscal year and accretive in 2012.

About BCD Semiconductor

BCD Semiconductor Manufacturing Limited ("BCD Semiconductor") is a leading analog integrated device manufacturer, or IDM, based in China, specializing in the design, manufacture and sale of power management integrated circuits, or ICs. Our broad portfolio of power management ICs primarily targets rapidly growing, high volume markets such as mobile phones, LCD televisions and monitors, personal computers, adapters and chargers and other electronics products. As an IDM, BCD Semiconductor integrates product design and process technology to optimize product performance and cost. We offer system-level solutions with the quality, performance and reliability required by our customers. Our China-based operations provide proximity to the rapidly growing electronics industry in Asia, enabling us to align our product development effort with customers and market trends and to provide timely and effective technical support. For more information, please visit http://www.bcdsemi.com.

About Auramicro

Auramicro designs analog and mixed signal products including power management ICs, LED drivers, and touch screen controllers for LCD panels. The Company targets data communication, set-top box, LCD monitor, LCD TV, mobile, and LED lighting applications. Auramicro is registered as a Cayman Islands company with headquarters in Taipei, Taiwan and an office in Shenzhen, China.

Maxim Acquires Edinburgh-Based Calvatec Ltd.

Maxim Integrated Products, Inc., has acquired privately-held Calvatec Ltd., based in Edinburgh, Scotland. Calvatec is a leader of highly integrated, analog and mixed-signal system-on-chip (SoC) solutions for consumer and communications applications. Calvatec brings Maxim breakthrough IP as well as industry-leading design methods and production flows. It employs 15 people.