Ember (www.ember.com) closed an additional $25 million in funding led by Vulcan Capital. Joining Vulcan in this latest round were three new strategic investors: ChevronTexaco Technology Ventures, Hitachi Ltd., and WestAM. Other participants included existing investors Polaris Venture Partners, DFJ New England, GrandBanks Capital, RRE Ventures, and DFJ ePlanet. The total capital that Ember has raised is now $53 million. In addition, the company announced that Bob Metcalfe will become its new Chairman. Metcalfe replaces outgoing Board Chairman and Ember Co-Founder, Robert Poor, who will focus on researching new technologies and evangelizing Ember's message in business and industry forums.
Last month, Siemens Communications, Inc. (www.siemens.com/communications) gained official status as a new entity both globally and in the U.S. The unit combines wireless and wireline infrastructure, devices, and IP-convergence applications. Andy Mattes has been appointed President and CEO of the new U.S. company. Previously, Mattes was in charge of Siemens' U.S. networking business. The company is headquartered in Boca Raton, Fla.
TelASIC Communications (www.telasic. com) added Syrus Madavi to its Board of Directors. Most recently, Madavi was President and Chief Operating Officer at JDS Uniphase.
GE Advanced Materials, Plastics (www.ge.com) opened its newly expanded Technology Innovation Center in Exton, Pa. The center was designed to help maximize workflow efficiencies in order to develop new materials and explore how material and process variation can influence product capabilities. The facility also will allow the optimization of the performance properties of GE's LNP specialty compounds in customer applications.
VMETRO (www.vmetro.com) and Transtech DSP (www.transtech-dsp.com) signed a definitive agreement whereby VMETRO has acquired 100% of the shares in Transtech DSP Ltd. Transtech DSP's digital-signal-processing technology and product offerings should complement VMETRO's line of data-recorder and I/O solutions. The combined entity could provide customers with complete high-performance systems solutions for radar and sonar processing, digital software radio, spectrum analysis, telecommunications, medical imaging, and other advanced tests and measurements.
Siemens Venture Capital (www.siemens venturecapital.com) joined the group investing in Propagate Networks, Inc.'s (www.propagatenet.com) embedded cognitive radio software—known as AutoCell. Propagate has raised approximately $14 million in venture funding. It will use the financing to expand its sales, marketing, and engineering resources in the U.S. and the Asia-Pacific region.
Roper Industries, Inc. (www.roperind.com) signed a definitive agreement to acquire TransCore Holdings, Inc. from an investor group led by KRG Capital Partners, L.L.C. The transaction is valued at approximately $600 million. TransCore is a provider of technologies and related services in areas like RFID, satellite-based communication, mobile asset tracking, and security applications.
5G Wireless Communications, Inc. (www.5gwireless.com) announced that Robert McNamara assumed the role of CTO. McNamara had been a member of 5G's Technical Advisory Board. He holds over 20 domestic and foreign patents over a broad range of scientific disciplines. McNamara's previous experience includes technical positions at GTE, Bell Labs, the Jet Propulsion Laboratory in Pasadena, and General Dynamics.
Motia, Inc. (www.motia.com) selected Malcolm (Mal) Caraballo as its new President and CEO. Caraballo will assume these responsibilities from company Co-Founder Paul Sun, who was named Chairman of the Board. Previously, Caraballo was employed at Adimos.
Coventor, Inc. (www.coventor.com) re-designed its web site to serve as an expanded resource to MEMS designers. The site features free evaluation software downloads, searchable white papers, presentations, and datasheets.
Tropos Networks (www.tropos.com) became a principal member of the WiMAX Forum (www.wimaxforum.org). The company is the first metro-scale, Wi-Fi, mesh-networking systems vendor to join the WiMAX Forum.
Tektronix, Inc. (www.tektronix.com) is joining the Mobile and Portable Radio Research Group (www.mprg.org) at Virginia Tech in the development of a software-defined-radio (SDR) testbed and open-source software-communications-architecture (SCA) implementation known as Embedded (OSSIE). Tektronix will deliver test and measurement equipment to be integrated within the OSSIE testbed framework. It also will help to define and validate future test systems and methodologies that could meet the needs of commercial and military/government customers looking to leverage SDR.
Eric Walters joined Konarka Technologies, Inc. (www.konarka.com) as VP and CFO. Walters will aid Konarka's growth plans as it moves to the full production and commercialization of its light-activated power plastics. Most recently, Walters was the Executive VP and Chief Compliance Officer at PolyMedica Corp.
Wireless Telecom Group, Inc. (www. wtt.bz) entered into a definitive agreement to acquire all of the outstanding capital stock of privately held Willtek Communications GmbH (www.willtek.com). The stock will be acquired from the venture-capital arm of the international investment group, Investcorp, and Willtek's CEO, Cyrille Damany, in exchange for $7.0 million in cash and 8,000,000 shares of WTT common stock. The deal assumes certain liabilities and obligations valued at $4.8 million. As a result of the proposed acquisition, Willtek will become a wholly owned subsidiary of WTT. WTT is the test and measurement company that operates under the Boonton Electronics, Noise/Com, and Microlab/FXR brands.
Toshiba America Electronic Components, Inc. (www.chips.toshiba.com) moved its North American headquarters. The company remains in the southern California city of Irvine, however. TAEC's North American headquarters is now located at 19900 MacArthur Blvd., Suite 400, Irvine, CA 92612.