Vivace Semiconductor Raises $7.5 Million, Acquires Chinese Firm
Beverly, Mass. - Vivace Semiconductor, a developer of semiconductors for video processing, has raised $7.5 million in its first round of venture capital, led by Kodiak Venture Partners and including participation by Shanghai-based Dragonvest Partners.
The new funds are being used by Vivace to acquire General Circuits (GCI), a China-based producer of video electronics for consumers. Vivace said that the acquisition of GCI immediately adds a team of 45 engineers to its design and development programs.
Related Links:
http://www.vivacesemi.com/index.html
http://www.generalcircuits.com
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