Samsung Electronics Co. Ltd., a world leader in advanced semiconductor solutions, announced today that it has acquired Nanoradio AB, a developer of ultra low power Wireless LAN chipsets for high-speed wireless access in mobile phones.
Headquartered in Kista, Sweden, Nanoradio has approximately 60 employees and extensive experience in the wireless industry. In particular, Nanoradio specializes in developing small form factor high performance Wi-Fi chipsets with low power consumption for cellular platforms.
About Nanoradio AB
Nanoradio designs semiconductors with wireless capability for the cellular and handheld market where buying decisions relate to power consumption, stability, physical size, and total cost for customers.
Nanoradio has developed the most integrated circuits that bring outstanding WLAN capabilities into mobile phones and consumer multimedia electronics. Nanoradio's Wi-Fi chips target a range of applications, including mobile phones, wireless network cameras for home surveillance, Portable Media Players and gaming devices. Another big area for Nanoradio is the growing fixed-mobile convergence market with dual-mode phones.
The company was founded in March 2004 and it is a "fabless" company meaning that all manufacturing is outsourced. Nanoradio has a leading team of extensively experienced technologists from the cellular and wireless industry as well as semiconductor industry and start-ups. Nanoradio is headquartered in Kista, Sweden with sales offices in Korea, China, Japan and USA.
Nanoradio is backed by Viking Venture, Creandum, Industrifonden, Nordic Venture Partners, Ferd Capital, Innovacom, Anchor Capital and Teknoinvest.
For more information please contact :
Samsung Electronics Co. Ltd.
Tel : +82(0)31-209-7037
Email : firstname.lastname@example.org
For further information on Nanoradio solutions, please contact :
Keith Cornell, Chairman & CEO, email@example.com, Phone: +44 771 373 9500
Press: Annika Engelhart, Market Communicator, firstname.lastname@example.org
Information on the company may be found on the World Wide Web at www.nanoradio.com