Motorola, Inc. (NYSE:MOT) through Motorola Ventures, its strategic venture capital arm, today announced that it has made an equity investment in AMIMON Inc., an emerging leader in semiconductor technology for wireless transmission of high-definition (HD) video. Terms of the investment were not disclosed.
“We believe that AMIMON’s WHDI™ Technology is setting a new standard in wireless HDTV connectivity which nicely aligns with Motorola’s connected home strategy,” said Reese Schroeder, managing director, Motorola Ventures. “Our investment reflects our belief that AMIMON’s solution is well positioned to offer a high quality wireless uncompressed HDTV link between video sources such as digital set-top and high-definition TVs.”
AMIMON’s wireless high-definition interface (WHDI) technology enables wireless transmission of uncompressed high-definition video streams in the 5GHz unlicensed band. WHDI enables applications such as wireless flat-panel TVs, wireless projectors, wireless HDMI™ (high-definition multimedia interface) and wireless VGA repeaters (dongles).
“Motorola and AMIMON share a common vision of facilitating connectivity between consumer electronics devices,” said Dr. Yoav Nissan-Cohen, chairman and CEO, AMIMON. “The investment from Motorola will fund our plan to set WHDI as a new industry standard for connecting high-definition video sources to displays wirelessly.”
About AMIMON
AMIMON is a fabless semiconductor company pioneering wireless uncompressed high-definition video for universal connectivity among CE video devices. AMIMON’s uncompressed Wireless High-Definition Interface (WHDI™) allows flat-panel televisions and multimedia projectors to wirelessly interface to all HDTV video sources at a quality equivalent to that achieved with wired interfaces such as component video, DVI and HDMI.
AMIMON operates internationally out of offices in Herzlia, Israel, Santa Clara, Calif. USA, and Tokyo, Japan. The Company is funded by Cedar Fund, Walden Israel Venture Capital, Evergreen Partners, Stata venture Partners, Argonaut Ventures and Motorola Ventures. More information is available at www.AMIMON.com.
WHDI is a trademark of AMIMON, Ltd. All other trademarks or registered trademarks are those of their respective holders.
About Motorola
Motorola is known around the world for innovation and leadership in wireless and broadband communications. Inspired by our vision of seamless mobility, the people of Motorola are committed to helping you connect simply and seamlessly to the people, information, and entertainment that you want and need. We do this by designing and delivering “must have” products, “must do” experiences and powerful networks — along with a full complement of support services. A Fortune 100 company with global presence and impact, Motorola had sales of US $42.9 billion in 2006. For more information about our company, our people and our innovations, please visit http://www.Motorola.com.
