Fairchild Semi to Invest $10 Million in Silicon WirelessJanuary 08, 2001 by Jeff Shepard
Fairchild Semiconductor International Inc. (South Portland, ME) has signed an agreement with Silicon Wireless Corp. (Raleigh, NC) to codevelop, produce and market RF power semiconductors. Under the deal, Fairchild will invest $10 million in Silicon Wireless.
The investment will be in a combination of cash, research and development, and marketing services. Fairchild Semi's discrete power and signal technologies division will work directly with Silicon Wireless and will have exclusive rights to manufacture and sell semiconductor products developed in the relationship. Silicon Wireless will manufacture and sell RF power amplifier modules based on its patented technology.
“We look forward to working closely with Fairchild Semiconductor to capitalize on this exciting opportunity," said Dr. Baliga, founder of Silicon Wireless. “Our business model enables us to focus on creating the next generation of technology while working with industry leaders such as Fairchild to deliver solutions to the marketplace quickly and efficiently."