Monday, June 07, 2010

Qualcomm Makes Strategic Investment in Anteryon

PRNewswire: Qualcomm makes a strategic investment in Anteryon as part of its European investment fund. Qualcomm Ventures Europe is leading this round, with BNP Paribas Private Equity and Biggell Finance participating as existing shareholders, and Quest for Growth, a Belgium-based investment fund, also as a new investor. Terms of the investment have not been disclosed.

Anteryon's WaferOptics product portfolio is ranging from VGA to 5MP, and manufacturing facilities in Eindhoven and China that produce millions of WaferOptics lens stacks monthly at an extremely high yield for several top-tier mobile phone manufacturers around the globe.

"This new investment will enable us to boost our worldwide manufacturing facilities, including extension of the facilities in Eindhoven and the set up of a new state of the art production facility in the Far East. In order to meet the high-volume market demand, we will also investigate additional ways of scaling our business, such as partnering with other players in the supply chain and/or licensing our technology," said Gert Jan Bloks, CEO of Anteryon.

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