Technology News

Sunstone Capital and Creandum co-lead an investment round of USD 10.25M (DKK 52.5M) in IPtronics A/S, a leading supplier of silicon for parallel optical applications. Contributing to the investment were also the current investor, 10IPT10, and members of the management team. The investment will be used to accelerate global sales and product development…

Sunstone Capital A/S and Play Networks ApS have today signed a partnership agreement. “We see great potential in Play Networks’ business proposition to serve as the single point of contact for international trailer distribution. This is an excellent opportunity to assist a strong team in taking a compelling and highly scalable product concept beyond the national borders.

Play Networks’s combination of technology, skills and industry experience puts the company in a unique position to address a large market in rapid development with a growing palette of product offerings”, says Christian Jepsen, Investment Director at Sunstone Capital.

Digi-Key Corporation and Z-Wave® developer Zensys announced today the signing of a global distribution agreement. Digi-Key is one of the world’s fastest growing distributors of electronic components, shipping products to more than 140 countries, and is also one of the newest members of the Z-Wave Alliance, a consortium of 170 companies dedicated to establishing Z-Wave as the standard in wireless control and automation.

“This deal is a direct result of the strong demand for Z-Wave among manufacturers around the globe,” said Tony Shakib, CEO of Zensys…

Asetek has named Gary Baum as a member of their board of directors.

In this position, Baum will assist executive management with strategy and product direction. Asetek, the market leader of thermal management solutions for semiconductors, has named Gary Baum as a member of their board of directors.

In this position, Baum will assist executive management with strategy and product direction. Baum is a veteran executive in the semiconductor industry who has spent the last 25 years in various senior sales and marketing jobs at Intel, S3, Chip and Technologies and Advanced Micro Devices.

Some of Gary Baum’s industry successes include being credited with creating AMD’s mobile processor business and driving revenues from $0 to $350M annually.