Samedi 27 Mai @ VIPress.net

Dutch Zigbee start-up raises 1.8 million euros

Semiconductors>Rest of Europe>Startup>Funding
27/05/2006 14:36:05 :

Prelude Trust has invested 1.8 million euros ($2.3 million) in Xanadu Wireless BV, a fabless semiconductor company developing products for the ZigBee low-cost wireless communications market.

The investment is the first part of a larger financing round being provided by Prelude, GIMV and Motorola Ventures, Prelude said, adding that it’s investment has brought it a 19.4 percent shareholding in Xanadu (Utrecht, The Netherlands).




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