PRTODAY / NewswireToday Free press release distribution service network

Written by / Agency / Source: NeonDrum Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!

SETsquared Company Blu Wireless Wins Cambridge Start-up Prize - Innovative Bristol business bucks the trend for fabless semiconductor start-ups - BluWirelessTechnology.com
SETsquared Company Blu Wireless Wins Cambridge Start-up Prize

 

NewswireToday - /newswire/ - Bristol, United Kingdom, 2011/12/19 - Innovative Bristol business bucks the trend for fabless semiconductor start-ups - BluWirelessTechnology.com.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

Blu Wireless Technology, based at SETsquared’s Business Acceleration Centre in Bristol, is one of five new technology businesses to win the Cambridge Wireless Discovering Start-Ups 2011 competition. The company was recognised for its low power 60GHz semiconductor technology.

The company was selected from 20 start-ups invited to pitch their innovative wireless technologies and business plans to 25 leading venture capitalists, angels and industry investors. Senior representatives from companies including Microsoft, RIM, Nokia, Qualcomm Ventures, Innovacom, Broadcom, Orange, O2 Telefonica and ARM were there to judge the finalists and provide expert advice.

The winners receive £2,000 each along with free business and consultancy services, and have the opportunity to present their new technologies and business visions to over 300 leading wireless industry delegates from more than 20 countries at the 2012 Future of Wireless International Conference next June.

“The quality of entrants shows that innovation and entrepreneurship is clearly very much alive,” said Clennell Collingwood, investment director at TTP Ventures. “It was difficult for us to pick out five winners and we are confident that all the Discovering Start-Up winners and many of the other finalists will go on to make important contributions to the wireless industry.”

Mark Barrett, CEO of Blu Wireless commented: “We are very pleased to win this award, as this provides further validation that our approach for delivering best–in-class 60GHz WiFi product has been recognised by leading investors and industry experts. Moreover, it also demonstrates that our capital-efficient approach is changing the investment paradigm for UK fabless semiconductor companies.”

Nick Sturge, centre director at SETsquared, says this highlights the exciting opportunities arising out of the highly innovative technology, and specifically the micro-electronics cluster in the Bristol and Bath area. “Traditional VC investors are struggling to understand the opportunities around early stage, silicon-based technology businesses,” said Sturge. “But we can see that the good businesses – and we only support ones we believe in – are managing to gain the recognition and the funding they need, albeit at a slower speed than we would like. It is great – but not surprising – that Bristol companies are winning awards wherever they go.”

Blu Wireless Technology has already raised seed funding and is now actively discussing Round-A funding for the business.

Blu-Wireless Technology Ltd

Blu-Wireless Technology (bluwirelesstechnology.com) is a fabless semiconductor company developing low cost multi-Gigabit WiFi products set to become a core component of tomorrow’s consumer electronics devices. The unique single chip 60 GHz transceiver being developed will be of significantly reduced cost and power with emphasis on manufacturability when compared to the anticipated competing products. The product will allow mobile operators to offload cloud based video data from their networks by the near instantaneous syncing to portable platforms with very low battery usage. Demonstrations of >2Gbps data transfers have already been made to Japanese customers.

The SETsquared Partnership
The SETsquared Partnership is the enterprise collaboration of the Universities of Bath, Bristol, Exeter, Southampton and Surrey. Together, the universities employ 7,400 academic staff; and earn nearly 10 per cent of the UK’s higher education research budget.

The partnership has a 10 year track record of supporting companies through its business acceleration centres, which provide access to industry specialists, investors and experienced entrepreneurs. SETsquared currently supports over 250 early stage high-tech, high growth potential businesses, and 90 per cent of its incubated companies are still in business three years on. In the past five years, nearly £0.75bn in investment funding has been raised by spin outs and incubated companies.

SETsquared supports student enterprise including an annual showcase and a global scholars program. It provides opportunities for industry to access academic ideas with commercial potential and seeks to promote the impact, economically and socially, of its institutions’ research and enterprise activities.
For further details see setsquared.co.uk

Further information:
Nick Daines, Lumen PR
T: +44(0)115 8412109 / +44(0)7958 534731

Nick Sturge, Bristol SETsquared Centre
T: +44 (0) 117 903 1100 / Twitter: @SETsquared_Br

About Cambridge Wireless

Cambridge Wireless is a leading industry forum and vibrant community with a rapidly expanding network of companies actively involved in the development and application of wireless technologies. In addition to high level networking dinners and events, a strong educational programme and business development activities, Cambridge Wireless runs the annual Future of Wireless International Conference along with the prestigious Discovering Start-Ups programme and competition to support emerging, innovative wireless companies. Over 15 Special Interest Groups focused on specific technologies and market sectors, also provide opportunities for members to meet, form partnerships to exploit new commercial opportunities, and share knowledge and information about the latest industry trends and hot topics.

Cambridge Wireless has partnerships with other leading industry clusters and organisations around the world to extend its international reach and to keep members up to date with the latest global developments and business opportunities.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Telecom/Wireless/VoIP/IPTV Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!

World needs to know about google malpractices - Share your Adsense publishers stories on Google tactics to steal your revenues

 

Written by / Agency / Source: NeonDrum Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick Newswire Today Visibility Checker

 

Distribution / Indexing: [+]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Telecom/Wireless/VoIP/IPTV articles,
CATCH Visitors via Your Competitors Announcements!


SETsquared Company Blu Wireless Wins Cambridge Start-up Prize

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name Newswire Today and LINK as the source.
 
  Is this your article?
Activate ALL web links and social stream by Upgrading to Press Release PREMIUM Plan Now!

|
Publisher Contact: Liz Hartney - NeonDrum.com 
+44(0)75 1051 8732 nick[.]lumenpr.com
 
Newswire Today - PRZOOM / PRTODAY disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any NeonDrum Ltd securities in any jurisdiction including any other companies listed or named in this release.

Telecom/Wireless/VoIP/IPTV via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!


Read Latest Articles From NeonDrum Ltd / Company Profile


Read Telecom/Wireless/VoIP/IPTV Most Recent Related Newswires:

Expway, Nemergent and Bittium Successfully Demonstrate the World’s First eMBMS-capable MC-PTT Integration
Grandstream Announces High-Availability Controller for the UCM6510 IP PBX
Dialogic and Telestax to Offer WebRTC Developer Workshop
Impact Telecom Deploys Dialogic DSI STP Solution
SJSemi and Qualcomm Jointly Announce Qualification of 10nm Ultra-high Density Wafer Bumping Technology
Dialogic Diva Media Boards Used for Reliable Alarm Communication
Qualcomm Announces 5G NR mmWave Prototype to Accelerate Mobile Deployments for Smartphones
Sprint Selects Mavenir for NFV Cloud Deployment
Dialogic to Present on IoT and Real-Time Communications at TechXLR8 Asia
AT&T, Sprint, T-Mobile and Verizon Team Up to Develop Mobile Authentication Solution
T-Mobile, Nokia, and Qualcomm Reach Record 1.175 Gbps Download Speeds in Advanced LTE Lab Trial
Mavenir Announces 5G Core Network and Cloud RAN Solutions
HCL Acquires Automation Driven Data Management Platform to Help Clients Accelerate Data Integration and Migration
Qualcomm Announces Groundbreaking Cellular-V2X Solution to Support Automotive Road Safety, Helping to Pave a Path for the Future of Autonomous Driving
Dialogic Recognized Among the 10 Fastest Growing Unified Communication Solution Providers by Insights Success Magazine

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
NewswireToday Celebrates 10 Years in Business


PREMIUM Members


Visit  RightITnow Ltd

Visit  BizJobs.com





 
  ©2017 Newswire Today — Limelon Advertising, Co.
Home | About | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneurs newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today - NOT affiliated with PRNewswire as we declined their partnership offer in 2013
 
PRTODAY & NewswireTODAY are NOT affiliated with USA TODAY (usatoday.com)