Aeluros raises $10 million to further develop 10-Gbit/sec silicon solutions

Oct. 18, 2004
October 18, 2004 Mountain View, CA -- Aeluros Inc., provider of high-performance mixed-signal CMOS solutions, today announced the closing of a $10-million Series B financing round. New investor UOB Venture Management (UOBVM) led the round, a move that reflects the continued focus by Aeluros on the Pacific rim; UOBVM is a wholly owned subsidiary of United Overseas Bank Ltd., one of Asia's leading international banking and financial groups.

October 18, 2004 Mountain View, CA -- Aeluros Inc., provider of high-performance mixed-signal CMOS solutions, today announced the closing of a $10-million Series B financing round. New investor UOB Venture Management (UOBVM) led the round, a move that reflects the continued focus by Aeluros on the Pacific rim; UOBVM is a wholly owned subsidiary of United Overseas Bank Ltd., one of Asia's leading international banking and financial groups. Both venture investors from the original Series A investment, New Enterprise Associates (NEA) and Worldview Technologies, have renewed their commitment to Aeluros by participating in the round.

"Aeluros has developed impressive high-speed technology in a low-cost, low-power process and developed that technology into a robust set of initial products," contends Kian Wee Seah, joint managing director and chief investment officer of UOB Venture Management. "This new capital will help propel Aeluros into larger volume manufacturing and will enable the expansion of their product portfolio in 10-Gigabit Ethernet and 10-Gigabit Fibre Channel applications."

Aeluros has brought to market the first two devices in a family of silicon products for the 10-Gbits/sec datacom and storage markets, providing what it claims is industry-leading power and cost characteristics at exceptional performance levels to optical module manufacturers and system integrators. By breaking through the 1-Watt barrier and driving down the cost of silicon content, Aeluros hopes to spur rapid growth in the 10-Gigabit Ethernet and 10-Gigabit Fibre Channel markets. An extended portfolio of upcoming devices will further expose these benefits to new segments of the 10-Gbit/sec industry, say company representatives.

Aeluros has supplemented this activity with a thriving licensing and consulting business, driven by the release of three Intellectual Property (IP) cores for the computing, communications, and storage marketplaces. These products--addressing SATA, PCI Express and XAUI physical layer needs at data rates of 2.5 to 3.125 Gbits/sec--have enabled increased integration levels on the part of several major semiconductor suppliers.

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