SiGe Semiconductor Announces Expansion Round of Financing; Samsung Ventures joins as a strategic investor.

0 Comments | M2 Presswire, May, 2007

M2 PRESSWIRE-30 May 2007-SiGe Semiconductor: SiGe Semiconductor Announces Expansion Round of Financing; Samsung Ventures joins as a strategic investor(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:30052007 Ottawa, Canada - SiGe Semiconductor, a leading supplier of RF front-end solutions for wireless systems, today announced it has raised US $20 million in an expansion round of financing.

Samsung Ventures, the US-based venture capital investment arm for Samsung Venture Investment Corporation (SVIC), joins as a strategic investor participating in this round. The capital will fund expansion of SiGe Semiconductor's product lines supporting the Wi-Fi , WiMAX and GPS markets. Samsung Ventures joins returning investors 3i Venture Capital, Prism VentureWorks, TD Capital...

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