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February 01, 2007
VC-Backed Xignal Acquired By National Semiconductor
Germany-based Xignal Technologies, a fabless mixed signal semiconductor firm, is to be acquired by National Semiconductor for an undisclosed amount. The startup raised about $17M, we believe. Xignal raised $7 million in December 2000 from Benchmark Capital and Star Ventures, and raised another ten in a $10M round that brought in two new investors Atila Ventures and BayTech Venture Capital. Xignal was set up in Munich in 1999 by Yousif Ammar, Miki Moyal and Martin Groepl, who had previously worked together at Infineon.
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Posted on February 1, 2007 05:55 PM | Posted to News And Updates | Semiconductors | Permalink
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