SEQUANS Communications Garners New Round

Feed Type
Link
http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=a4ef330b-09d7-4f2f-9714-36d502af10d2&Preview=1
Date
12/8/2009
Company Name
SEQUANS Communications
Mailing Address
10001 N De Anza Boulevard Cupertino, CA 95014
Company Description
SEQUANS Communications is a leading supplier of fixed and mobile WiMAX silicon and software based on IEEE 802.16 standards. Offering both base station and subscriber station chips for both fixed and mobile WiMAX, Sequans provides a broader product line than any other WiMAX chipmaker.
Website
http://www.sequans.com
Transaction Type
Venture Equity
Transaction Amount
Undisclosed
Transaction Round
Undisclosed
Proceeds Purposes
“Our expansion into LTE has been part of our long term strategy for about two years and is a natural progression for us,”
M&A Terms
Venture Investor
Alcatel-Lucent
Venture Investor
Motorola Ventures