Singapore-based Semitech today announced that the company has raised $3.4 million AUS — incidentally nearly the same USD amount due to current exchange rates — with an option for up to $6 million more for a total possible haul of $9 million. The Series A round was led by Melbourne, Australia’s Cleantech Ventures. The startup [...]
Read more Semitech lands Series A funding for power line smart grid communications
Broadcom chips are common in mobile and telecom gear, particularly smartphones, networking adapters and tablets where connectivity to 3G and wireless networks is a must. Now the company has its sights set on (WiMAX and LTE) by acquiring privately-held Beceem, a 4G networking chipmaker, for $316 million. Santa Clara, Calif.-based Beceem is an attractive target [...]
Read more Broadcom bags Beceem as 4G smart grid networking beckons
This work by Pedro Hernandez is licensed under a Creative Commons Attribution-NonCommercial-ShareAlike 3.0 Unported License.
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