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€8.2 million financing round and new CEO for DelfMEMS

14 January 2013 15:49
By Tornado Staff

DelfMEMS, a French developer of MEMS (micro-electro-mechanical-systems) switching solutions for applications in the RF communication field, has raised €8.2 million in funding. Investors in the Series B round were CDC Entreprises, Iris Capital, VIVES, Capitalaria and the company’s early investors (A2D Invest, Alliansys, Finorpa, Inovam, Rhône-Alpes-Création and business angels). DelfMEMS simultaneously appointed Guillaume d’Eyssautier as new CEO.

The proceeds of this latest funding round will be used to support the company’s growth in the next generation wireless front-end modules for mobile devices like smart phones and tablets. DelfMEMS offers an integrated micro-mechanical building block that promises to improve insertion loss, linearity, integration, hot switching behavior, switching time (<1μs), and power consumption to simplify RF architectures.

''DelfMEMS’ technology enables its customers to increase bandwidth while minimizing cost, size, and consumption,” explains DelfMEMS founder and former CEO Olivier Millet in a statement. “These funds will enable us to qualify first design wins and DelfMEMS manufacturing process including Thin Film Packaging with our partner for high volume manufacturing entity in the USA.”

Helping the company pursuing its goals is the new CEO Guillaume d’Eyssautier. His career has spanned 30 years in the semiconductor industry, including management positions in both Europe and the US. Most recently he was CEO of ADD semiconductor which he sold to Atmel in October 2011. Prior to ADD he was CEO of picoChip, which was sold to Mindspeed. He also held executive and management positions with Cadence Design Systems, IBM Technology Group (Microelectronics and Storage), Rockwell Semiconductor, GEC-Plessey Semiconductor, Matra Harris Semiconductors and Philips Semiconductors.

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