Formerly Bluetoothweb The Wireless Directory

Bluetooth News
Get our FREE monthly edition

The Wireless Directory of Bluetooth Products and Services
Menu

Sitemap

News
Press Release/
Message Board

Bluetooth Products

Create Products

Bluetooth Software
Learning Zone
Company Directory
Add your Company
Bluetooth Training
The Wireless Link 
About the Community
Contact Us FAQ
Site Search Join (free)
Support the Site
Online Partners
Download Banners
Bookmark this Site!
Promote Your Company
Tell a Colleague
Other Links
DECTweb - Online DECT Community
Join the Community

 

 


Press Release

Please post your company's press releases for inclusion on The Wireless Directory
Thank you


October 26, 2001

XEMICS Closes $6 Million Round of Financing
Neuchâtel, Switzerland and Mountain View, CA October 26, 2001

XEMICS SA., specializing in short-range wireless connectivity solutions, announced today the successful closing of another round of venture capital financing of $6M following the previous round of $7 M completed last March 2001. Recognizing Xemics strong technology assets and business potential, all of the company's previous venture capital investors and two new venture capital funds participated in these rounds.
 

Capital has come from: TAT Investments, Banexi Ventures, Innoventure Capital, Cantonal Bank of Vaud, Yasuda Enterprise Development, Vontobel European Ventures. Other existing shareholders include institutional investors and Xemics' management.

As expressed by Alain Dantec, CEO of XEMICS, "This additional funding will allow us to complete our family of ultra low-power Bluetoothâ solutions for Personal Area Networks and to expand our market presence, especially in the USA and in the Far East."

"Xemics has proven it's expertise in the low-power world," said Mr. Dantec. "We're excited and committed in helping build XEMICS into a market leader."

"We believe XEMICS is well positioned to deliver a wide range of advanced short-range wireless connectivity solutions to its customers around the world," said Michel Desbard, Chief of the Board. "Our investment supports XEMICS' strong business plans and vision and we believe in XEMICS' success in this ever-growing industry."

ABOUT XEMICS
XEMICS is a fabless semiconductor company offering advanced short-range wireless connectivity solutions for Personal Area Networks and Home Automation Networks. XEMICS' integrated circuits are designed for ultra low power consumption and include analog, mixed-signal, microcontroller and radio functions. The main product lines are RF transceivers, including Bluetooth, data acquisition and communication products and Audio CODECs.

For more details of products from XEMICS please contact:

For further information, please contact:
Public Relations Coordinator
Florence Amez-Droz
Tel: +41 32 720 5670
Fax: +41 32 720 5770
Email florence.amez-droz@xemics.com


Please post your company's press releases for inclusion on The Wireless Directory
Thank you

 

 

Copyright © 2001-2003 WTIS Ltd, Wireless Telecommunications  Information & Services  
All rights reserved. mailto: admin@thewirelessdirectory.com
Bluetooth is a registered trademark owned by the Bluetooth SIG Inc.
All registered servicemarks and trademarks mentioned on this site are acknowledged.
Last modified: Wednesday December 03, 2003.

Back To Home Page

Please read our Disclaimer regarding information provided on The Wireless Directory
All rights reserved. E&OE.