On April 6, 2011, Nanotech was acquired by Gennum Corporation, designer of innovative semiconductor solutions and intellectual property (IP) cores for high-speed data transmission products in the broadcast, networking, storage and telecommunications markets.
The acquisition of Nanotech extends Gennum's leadership and 10Gb/s-100Gb/s optical IC portfolio by enabling the company to offer 100Mb/s to 100Gb/s optical IC solutions to fast growing markets such as Fiber to the home (PON) and Ethernet.
The combination of Nanotech's low cost CMOS technology with Gennum's high performance SiGe technology allows Gennum to address optical networking markets 'from inception to maturity'.
Gennum Corporation designs innovative semiconductor solutions and intellectual property (IP) cores to serve the rising global demand for high-speed data transmission products in the broadcast, networking, storage and telecommunications markets. Gennum offers proven optical, analog and mixed-signal solutions with uncompromising signal integrity to support standards such as high-definition (HD) video, Fibre Channel, InfiniBand®, Ethernet, SONET and PCI Express®. The company is headquartered in Burlington, Canada, and has global design, research and development and sales offices in Canada, Mexico, Japan, Germany, United States, India and the United Kingdom. www.gennum.com
Nanotech Semiconductor was founded in May 2003 by Gary Steele, co-founder and CEO of the UK's first Fabless Chip Company, Acapella Ltd. Gary was also the founder and CEO of Microcosm Communications Ltd., in 1995, the first company to deliver high-speed optical networking components based on pure-CMOS process technology. Microcosm raised $8m in first- and second-round funding in 1998 and 1999, and was acquired in January 2000 by Conexant Systems Inc., for stock. Peak value was approx. $300m.
On April 6, 2011, Nanotech was acquired by Gennum Corporation. |
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April 6th, 2011
Nanotech Semiconductor Acquired by Gennum Corporation |
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