Cavium pays $19M for video processor maker W&W

Cavium Networks, a public semiconductor company based in Mountain View, Calif., has bought W&W Communications, a Santa Clara, Calif. firm specializing in video compression, for $19.3 million, reports peHUB. The acquisition will give Cavium rights to W&W’s line of PureVu video processors with high-definition and wireless capabilities. These processors have both consumer (laptop and game console) and surveillance applications.

Founded in 2001, W&W raised $1.2 million in one round of funding from Nueva Ventures and Hi-Tech… Continue Reading

Multigig confirms $12.5 million financing round for silicon clocks

Multigig confirms $12.5 million financing round for silicon clocks

Would you give a clock maker $12.5 million in venture capital?

Certainly, if you’re talking about the tiny timing clocks inside silicon chips. Multigig, a maker of a new generation of clocks for silicon chips, confirmed a previously reported second round of financing.

Multigig’s clocks replace the quartz clocks in most chips today. Modern clocks made of crystal often account for as much of 50 percent of the power dissipated by a chip. Clocks thus hold up… Continue Reading