Link http://www.venturedeal.com/Search/SearchResultTransactionDetail.aspx?TransactionId=1eaf4f3b-436a-4c01-8089-9115f93a38ed&Preview=1
Date 3/9/2010
Company Name SiBEAM
Mailing Address 555 N. Mathilda Avenue Sunnyvale, CA 94085
Company Description SiBEAM is a fabless semiconductor company and founding member of the WirelessHD™
Consortium. A pioneer in developing intelligent millimeter wave technologies for wireless
communications, SiBEAM is the first to build 60GHz chipsets using standard CMOS technology.
The first applications for the company’s innovative technology are based on the WirelessHD™
specification for home multimedia content delivery and A/V connectivity. SiBEAM is a global
leader in driving the architecture and semiconductor implementation for the distribution and
presentation of high-definition content in the consumer electronics and personal computing
markets. Solutions for wireless personal area networks (WPAN) and automotive will follow.
Proceeds Purposes SiBEAM continues to deliver on its promise to bring high-quality, lossless wireless high definition capabilities to the A/V home entertainment market. Their team has executed well on its plans and has brought in nearly all leading CE manufacturers as customers through its work with the growing WirelessHD® Consortium.