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Amphion receives $5M investment fund

Posted: 20 Jun 2003 ?? ?Print Version ?Bookmark and Share

Keywords:Amphion? digital video? image coding SoC?

Amphion, a provider of semiconductor intellectual property (SIP) for digital video and image coding SoC design, has announced the closing of a $5M funding round. ACT Venture Capital led the round, which included investment from existing investors Apax Partners' Funds and Enterprise Equity, and new investment from Invest Northern Ireland Enterprise Equity.

"These funds will enable us to expand sales and support of the innovative solutions," said Dr. J.G. Doherty, CEO of Amphion. "Moving forward, our focus is on delivering the high value solutions from our strategic roadmap that customers have identified as essential to their own future success."

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