Friday, May 02, 2008
Icera Completes Acquisition of Sirific Wireless
Bristol, UK, 2 May 2008. Icera Inc., the leader in software defined wireless modem chipsets, today announced that that it has completed its merger with Sirific Wireless, a leading provider of advanced CMOS RF transceivers, located in Waterloo, Canada and Richardson, Texas.
This will enable Icera to deliver a complete chipset solution for the mobile broadband market, which industry analysts expect to grow from just 90 million subscribers today to 1.3 billion by 2012. The deal significantly accelerates Icera's time to market and competitive position for complete wireless modem chipsets used in mobile broadband datacards, USB dongles, laptops, mobile internet devices and mobile phones.
The financial terms of the deal have not been disclosed. The merged companies will use the Icera name.
Icera is a fabless semiconductor company, pioneering high performance, low power, software defined wireless modem chipsets for the fast growing mobile broadband device market. Icera technology delivers the highest performance modem solutions for USB dongles, datacards, laptops, mobile internet devices and mobile phones. Founded in 2002, Icera is headquartered in the UK, with design locations in Bristol and Cambridge, UK, Sophia Antipolis, France, Waterloo, Canada and Richardson, Texas, with sales offices in Europe, Japan, Taiwan, Korea and USA. For more information, visit the Icera web site at http://www.icerasemi.com/