EETAsia: The technology incubator division of Royal Philips Electronics has spun out Silicon Hive, a licensor of processor and related IP. As part of the deal, New Venture Partners, TVM Capital and Philips have together invested $10 million in the new company. Philips retains a minority stake in the newly created Silicon Hive B.V.
Silicon Hive specializes in imaging and high definition video signal processing IP, among other things.
No comments:
Post a Comment
All comments are moderated to avoid spam and personal attacks.