Philips division spins off semiconductor IP supplier
Keywords: Philips spin-off Silicon Hive semiconductor IP licensor Philips Silicon Hive mobile TV WiMAX
[Summary of tips] The technology incubator division of Royal Philips Electronics has spun out Silicon Hive, a licensor of processor and related intellectual property (IP), and as part of the deal, New Venture Partners, TVM Capital and Philips have together invested $10 million in the new company.Philips retains a minority stake in the newly crea......|
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