Systemonic is your strategic partner for complete silicon system
solutions in the high-speed wireless marketplace. By partnering
with top companies specializing in critical areas of technology,
we can ensure that you have access to the silicon solutions that
allow you to get-to-market faster, better and at the lowest possible
cost.
Sony manufactures audio, video, communications and information technology
products for the global consumer and professional markets. With
its music, pictures, games and online businesses, Sony is uniquely
positioned to become a leading personal broadband network company
in the 21st century.
Sony Venture Capital Europe, the venture capital arm of Sony Europe,
is a strategic partner and investor in Systemonic. Under the terms
of this agreement, Sony and Systemonic executives will investigate
the use of Systemonic technology to enable wireless communications
capabilities in a wide variety of Sony product types. In addition,
Systemonic will provide Sony enhanced access to its technology and
products. Sony has also made an equity investment in Systemonic
as a result of this agreement.
(www.sony.com)
Ruediger Stroh, CEO of Systemonic, commented:
"The wireless broadband communications market has been estimated
by analysts to be worth anything between $5 billion and $8 billion
by 2005. Sony provides an industry-leading partner to help us
to secure a dominant position in this market. We look forward
to working closely with them to develop a range of market-leading
consumer products."
Systemonic's platform allows implementation of core wireless functionality
to be programmed into embedded firmware as opposed to being hardwired
into silicon. As a result, their system-on-chip solution and tool
set can offer Sony flexibility in standards as well as the ability
to add other important features to meet market requirements.
Barry Gravenhorst, General Manager of Sony Venture Capital Europe,
added:
"Systemonic is a strong young innovative company with a
highly capable management team and expertise in the emerging broadband
wireless communications market. Its DSP technology platform will
bring significant value to this type of communication at 5GHz,
and will address the future needs of next generation broadband
enabled products."