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SMSC, Symwave accelerate USB 3.0 growth

Posted: 12 Aug 2009 ?? ?Print Version ?Bookmark and Share

Keywords:USB 3.0? analog? storage?

SMSC and Symwave Inc. have joined forces to accelerate delivery of end-to-end USB 3.0 solutions into high volume mobile, computing and consumer segments.

SMSC made an initial cash investment of $4 million in Symwave, and Christine King, SMSC's president and CEO, will join Symwave's board of directors. SMSC has also committed to an additional $1.3 million investment if required by Symwave and has obtained the right to acquire Symwave under certain conditions.

Symwave is a private semiconductor supplier with design centers in the United States and China, and employs approximately 100 workers worldwide. Symwave develops software-intensive high-performance analog/mixed-signal SoC solutions for rapidly emerging USB 3.0 based consumer devices including external storage, cellphones, media players, camcorders and digital signal controllers.

"Symwave has assembled a talented team and they have developed a product roadmap which is complementary to SMSC's own plans for SuperSpeed USB," King said. "In addition, our relationship will give us an option to access a new segment of the USB 3.0 market, which could broaden our applications opportunity beyond PCs, personal media players and smart phones into storage."

The USB 3.0 standard, released in November 2008 is the latest technology evolution of the ubiquitous USB, first introduced in 1996. Supporting a 5Gbit/s signaling rate, USB 3.0 delivers ten times the rate of USB 2.0, and is backward-compatible with all existing and legacy USB 2.0 ports and devices. Additionally, USB 3.0 delivers nearly double the bus powering and charging capability, improves device power management and includes significant host or PC performance improvements.

"SMSC is a recognized leader in some of the most pervasive USB applications today, with proven quality, innovation and high volume production," said Yossi Cohen, president and CEO of Symwave. "Collaborating with SMSC will enable Symwave to better execute on our business plan and add tremendous momentum to achieving our goals while simultaneously expanding our USB 3.0 market presence."

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