Quellan Incorporated Secures New Global Investor.SANTA CLARA CLARA Clairemont Amateur Radio Association , Calif., June 1 /PRNewswire/ -- Quellan Incorporated, the leading provider of analog signal An analog or analogue signal is any time continuous signal where some time varying feature of the signal is a representation of some other time varying quantity. It differs from a digital signal in that small fluctuations in the signal are meaningful. integrity chips for the rapidly growing data center, consumer, automotive and cell phone markets, today announced it has secured an investment from VentureTech Alliance. The company will use the proceeds to expand its product line and to enter new markets.VentureTech Alliance is an independent venture capital management firm, whose majority limited partner is Taiwan Semiconductor Manufacturing Company (TSMC), the world's largest dedicated semiconductor foundry. Mr. Patrick Chang of VentureTech Alliance stated, "At VentureTech Alliance, we focus on investing in private companies who are the leaders in fast growing segments of technology. Quellan has a winning combination -- unique, high value analog products serving multiple markets and an experienced management team." "We are delighted to have VentureTech Alliance as an investor in Quellan," said D. Tony Stelliga, President and CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. of Quellan. "Their global perspective and operational excellence will help us expand our business globally." Quellan recently announced that Samsung Ventures and Menlo Ventures invested in the Company. "The arrival of strategic investors helps to lend legitimacy to the approach that Quellan has taken in creating technology to speed existing network interconnects and should help it open doors to other potential major OEMs," said Greg Quick of the 451 Group. About VentureTech Alliance VentureTech Alliance was formed in early 2001 as an investment management company that is focused on managing Taiwan Semiconductor Manufacturing Company (TSMC) investment funds. Backed by the leader in the semiconductor foundry industry, VentureTech is dedicated to facilitating the growth and success of world-class high technology companies. The funds target early-to-mid stage investments in fabless semiconductor companies with demand for advanced semiconductor technology, high value semiconductor infrastructure companies such as EDA (1) (Electronic Design Automation) Using the computer to design, lay out, verify and simulate the performance of electronic circuits on a chip or printed circuit board. , IP, or semiconductor equipment, and emerging technologies in market segments that may require complex, outsourced manufacturing services. About Quellan Incorporated Quellan specializes in analog components that improve the performance and functionality of electronic equipment by removing channel impairments and noise. Quellan serves the Enterprise, Telecom, Broadcast, Automotive and Consumer Electronics markets. Privately held, Quellan's investors include VentureTech Alliance, Samsung Ventures, Menlo Ventures, and Cordova Cordova, Spain: see Córdoba. Ventures. CONTACT: Melissa Kallos of Quellan, Inc., +1-408-774-0084, or melissa@quellan.com Web site: http://www.quellan.com/ |
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