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Semiconductors - Tuesday, March 13, 2007

Motorola Invests In Israeli Wireless HD Chip Maker AMIMON

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Here at alarm:clock, we were disappointed when we installed our first flat panel HDTV at the amount and cost of wiring the system. A startup out of Israel feels our pain and says it is making it possible for wireless flat-panel TVs, PCs and other components to offer the same image and sound quality as hardwired version.

Founded in Israel, but with its US HQ in Santa Clara, AMIMON has received a strategic investment from Motorola. AMIMON's semiconductor products provide wireless uncompressed HDTV links between digital set top boxes, high definition TVs, and other electronics. AMIMON is backed by Cedar Fund, Walden Israel Venture Capital, Evergreen Partners, Stata Venture Partners, and Argonaut Ventures. The company is led by Dr. Nissan-Cohen who was previously CEO of Tower Semiconductor.

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