DGAP-News: Dialog Semiconductor Plc.: Dialog Semiconductor Invests In Innovative Power Management Start-Up Company
(firmenpresse) - DGAP-News: Dialog Semiconductor Plc. / Key word(s): Miscellaneous
Dialog Semiconductor Plc.: Dialog Semiconductor Invests In Innovative
Power Management Start-Up Company
14.01.2013 / 08:00
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DIALOG SEMICONDUCTOR INVESTS IN INNOVATIVE POWER MANAGEMENT START-UP
COMPANY
Strategic investment into MIT spin-off Arctic Sand's new TIPS(TM)
technology delivers breakthrough in power conversion efficiency
Kirchheim/Teck, Germany, 14 January 2013 - Dialog Semiconductor plc (FWB:
DLG), a provider of highly integrated power management, audio and short
range wireless technologies, today announced a strategic equity investment
into Arctic Sand Technologies, Inc., an MIT spin-off commercialising an
innovative new approach to power conversion for multiple markets, including
smartphones, tablets, ultrabooks(TM) and data centres. The investment was
part of a Series A funding round, with Dialog participating alongside other
venture capital and strategic investors. The terms of Dialog's investment
are not disclosed.
DC-to-DC power converters are the underlying building block of today's
power management Integrated Circuits (ICs). Arctic Sand's patented TIPS(TM)
(Transformative Integrated Power Solutions) technology uses a unique
approach for conversion, based on switch capacitive techniques. The
technology facilitates the use of smaller inductive components, resulting
in increased efficiency and an overall higher power density factor over and
above today's competing technologies, delivering significant advantages in
portable and data centre applications.
Dr Nadia Shalaby, CEO and Co-Founder, Arctic Sand Technologies, commented,
'We are very pleased to have attracted investment and support of Dialog,
which already provides power management technology to some of the world's
biggest smartphone and portable device vendors. This strategic investment
will help us accelerate the commercialisation of our technology.'
Mark Tyndall, Vice President of Corporate Development and Strategy at
Dialog Semiconductor, said, 'As part of our advanced technology development
strategy, we support innovative start-up companies for emerging
technologies. Arctic Sand's TIPS(TM) power management technology, together
with their MIT relationship, perfectly complements our technology portfolio
and Dialog's support of such technologies will help us maintain leadership
at the forefront of power management innovation.'
ENDS
Dialog media contact:
Helen McInnes
Dialog Semiconductor, Green Park, 100 Longwater Avenue, Reading RG2 6GP, UK
Tel: +44(0)1793 756 960
E-mail: helen.mcinnes(at)diasemi.com
Mobile: +44 (0)7554 419
Web: www.dialog-semiconductor.com
Arctic Sands media contact:
Maria Vetrano
Vetrano Communications
Phone: +1 617 876 2770
Email: maria(at)vetrano.com
About Dialog Semiconductor
Dialog Semiconductor creates highly integrated, mixed-signal integrated
circuits (ICs) optimised for personal portable, low energy short-range
wireless, lighting, display and automotive applications. The company
provides flexible and dynamic support, world-class innovation and the
assurance of dealing with an established business partner.
With its focus and expertise in energy efficient system power management,
and with a technology portfolio including audio, short range wireless and
VoIP technology, Dialog brings decades of experience to the rapid
development of ICs for personal portable applications including
Smartphones, Tablet PCs, digital cordless and gaming applications.
Dialog's power management processor companion chips are essential for
enhancing both the performance in terms of extended battery lifetime and
the consumers' multimedia experience. With world-class manufacturing
partners, Dialog operates a fabless business model.
Dialog Semiconductor plc is headquartered near Stuttgart with a global
sales, R&D and marketing organisation. In 2012, it had approximately US$774
million in revenue and was one of the fastest growing European public
semiconductor companies. As of September 2012, the company had
approximately 760 employees. The company is listed on the Frankfurt (FWB:
DLG) stock exchange and is a member of the German TecDax index.
About Arctic Sand
Founded in 2011, Arctic Sand Technologies is a privately held, fabless
semiconductor company, spun out of MIT, based in Cambridge, Mass. The
company's power-conversion platform has the potential to transform power
management in electronic devices.
Arctic Sand has already earned numerous prestigious industry recognitions,
including the 2011 NASA Game Changer Award, the US Department of Energy
U-Launch Award and the NREL Industry Growth Forum Grand Prize Award. The
company is also the recipient of the National Science Foundation's Small
Business Innovation Research Phase 1 grant.
For more information about Arctic Sand, please contact info(at)arcticsand.com
End of Corporate News
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Language: English
Company: Dialog Semiconductor Plc.
Tower Bridge House, St. Katharine's Way
E1W 1AA London
United Kingdom
Phone: +49 7021 805-412
Fax: +49 7021 805-200
E-mail: jose.cano(at)diasemi.com
Internet: www.diasemi.com
ISIN: GB0059822006, XS0757015606
WKN: 927200
Indices: TecDAX
Listed: Regulierter Markt in Frankfurt (Prime Standard);
Freiverkehr in Berlin, Düsseldorf, Hamburg, München,
Stuttgart
End of News DGAP News-Service
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