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June 07, 2006
Cambridge Broadband Founder Heads New Chip Startup
Peter Wharton, co-founder of wireless gear maker, Cambridge Broadband, is now heading a team of former Virata/Conexant engineers at startup Adventiq.
Until January Wharton was CEO of venture-backed Cambridge Broadband. Before founding that company in 2000, Wharton was part of the founding team of Adaptive Broadband, which was acquired by California Microwave, adopting the Adaptive Broadband name.
Adventiq is backed by Adder, a European manufacturer of KVM (keyboard, video, mouse) switches, and RealVNC (Virtual Network Computing), a four year old Cambridge-based developer of software that enables IT and support desks to take control of remote servers, PCs, keyboard, video or mouse signals via the Internet.
The plan is to put RealVNC's enterprise-grade software on a chip and then get those chips embedded into a range of devices to target what the firm says is an $800M market.
The ex-Virata team Wharton is leading has a pedigree too. Virata was a broadband chipmaker that provided its venture-backers with stellar returns when it floated on the NASDAQ at €266M during the last VC cycle here. (It later merged with Globespan which was acquired by Conexant).
Read - Adventiq launches KVM over IP system on a chip(press release)
Posted on June 7, 2006 04:35 PM | Posted to Semiconductors | entrepreneurship | Permalink
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