Sign In
NewsRadar

Search Press
Looking for press releases of a particular company? Enter company name (or keyword) here.

   


Samsung Electronics Announces Acquisition of Nanoradio


SEOUL, Korea and KISTA, Sweden – June 1, 2012 – 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 Samsung Electronics Co., Ltd.
Samsung Electronics Co., Ltd. is a global leader in semiconductor, telecommunication, digital media and
digital convergence technologies with 2011 consolidated sales of US$143.1 billion. Employing approximately
206,000 people in 197 offices across 72 countries, the company operates two separate organizations to
coordinate its nine independent business units: Digital Media & Communications, comprising Visual Display,
Mobile Communications, Telecommunication Systems, Digital Appliances, IT Solutions, and Digital Imaging;
and Device Solutions, consisting of Memory, System LSI and LED. Recognized for its industry-leading
performance across a range of economic, environmental and social criteria, Samsung Electronics was
named the world’s most sustainable technology company in the 2011 Dow Jones Sustainability Index. For
more information, please visit www.samsung.com.

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 m
obile phones and consumer multimedia electronics. Nanoradio´s Wi-Fi chips target a range of applicati
ons, including mobile phones, wireless network cameras for home surveillance, Portable Media Player
s and gaming devices. Another big area for Nanoradio is the growing fixed-mobile convergence mark
et with dual-mode phones.

The company was founded in March 2004 and it is a 'fabless' company meaning that all manufacturi
ng is outsourced. Nanoradio has a leading team of extensively experienced technologists from the cel
lular and wireless industry as well as semiconductor industry and start-ups. Nanoradio is headquartere
d 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, In
novacom, Anchor Capital and Teknoinvest.

# # #

Samsung and the stylized Samsung design are trademarks and service marks of Samsung Electronics Co.,
Ltd. Other trademarks are the property of their respective owners.

For further information on Nanoradio solutions, please contact:

Keith Cornell, Chairman & CEO, keith.cornell@nanoradio.com, Phone: +44 771 373 9500
Press: Annika Engelhart, Market Communicator, annika.engelhart@nanoradio.com
Information on the company may be found on the World Wide Web at www.nanoradio.com

For more information please contact:

Sunghae Park
Samsung Electronics Co. Ltd.
Tel. +82(0)31-209-7037
Email: sunghae_park@samsung.com


Publisher Contact Information:

Samsung Electronics Co. Ltd.
+82(0)31-209-7037
sunghae_park@samsung.com

Company profile of Nanoradio AB (acquired by Samsung)
Past press releases of Nanoradio AB (acquired by Samsung).

Data


27,526
Tech investments
From our Online Data Service
17,759
VC-backed companies
From our Radar


Recent Deals


DATEAMOUNTSECTOR
Nov 25€24.0MInternet commerce
Nov 8N/AOther Computers & Electronics
Nov 5€2.1MAudio/Video
Nov 5€5.2MOther Computers & Electronics
Nov 5€0.4MInternet services
Nov 5€1.3MSecurity
Nov 5€1.5MAudio/Video

For information on Europe's most extensive database on technology funding click here!

Events



Press Releases


Sep 30
TetaVi
tetavi raises $6 million to help more companies bring 3d holograms ...

May 28
Identiq
identiq raises $5m seed, launches privacy-first identity validation...

Apr 29
Nethone
nethone raised over $1 million from innovation nest

Mar 31
CompPair
the fit allocates chf 100'000 to comppair technologies

Jan 29
Yumpingo
yumpingo raises $10m to transform guest experiences in restaurants





About usContact usLegal Information
Copyright © 1999-2019
Emerging Technology Research Europe Inc. All rights reserved.