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Qualcomm invests in MEMs firm

Posted: 08 Jun 2011 ?? ?Print Version ?Bookmark and Share

Keywords:investment? MEMS? RF tuning?

Cavendish Kinetics Ltd has closed a financing round of $10 million, adding Qualcomm Inc. to its current investor group. The financing round was also participated by Tallwood Venture Capital, Wellington Partners Venture Capital and several other current investors.

Cavendish Kinetics originally spun out of the Cavendish Laboratory at the University of Cambridge in 1994 with a view to using MEMS as miniature mechanical memory elements. The company is now focused on RF tuning and switching for mobile applications.

As a fabless chip company, Cavendish Kinetics will use the funds to produce RF tuning products based on its NanoMech MEMS platform. The company claims that NanoMech reduces the cost of incorporating MEMS components into semiconductors by eliminating the need for expensive MEMS packaging. Initial products will be antenna tuners and impedance matching devices in mobile devices that are expected to sample early in 2012.

Dennis Yost, CEO of Cavendish, said: "We are very pleased that Qualcomm decided to invest after a very thorough evaluation of our company. Qualcomm is a technology leader in mobile technologies and their investment is a testament to our technology and business direction."

"Cavendish technology provides new standards of performance for RF circuits, which is critically needed for the expanding frequency bands that future mobile devices will utilize. LTE, MIMO and high speed data traffic are all driving new RF requirements, and Cavendish's tuning products are key to meeting size, performance and cost targets," said Nagraj Kashyap, vice president of Qualcomm Ventures, in a statement from Cavendish Kinetics.

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