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Digital TV Chipmaker Tvia Raises $11.9 Million in Private Placement

Authored by Mark Hefflinger on August 29, 2006 - 1:31pm.
Santa Clara, Calif. - Tvia, a developer of chips used in flat-panel TVs, digital video recorders and other products, announced on Tuesday that it raised about $11.9 million through a private placement of 4.77 million of its shares with institutional investors. Santa Clara, Calif.-based Tvia develops chips used in digital LCD, PDP, HD, SD and progressive-scan TVs, as well as other broadcast and consumer display products. The company will use the proceeds from the placement to fund growth.

http://biz.yahoo.com/prnews/060828/sfm092.html?.v=51
http://www.tvia.com
tags: Deals | Video | Tech | TV | DVR | Tech Deals | Video Tech | Chips | Private Placements | Tvia |

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