Finance Articles

PhaseLink Announces Investment From Samsung Ventures

Fremont, Calif. (PRWeb) March 4, 2007 -- PhaseLink Corporation, a fabless semiconductor IC company specializing in high performance frequency timing generation solutions for digital consumer, communication, and storage products markets, today announced that Samsung Ventures, Samsung Electronics' venture investment organization, has invested in the company for an undisclosed amount.

"We're pleased to invest in an innovative company with broad product line and consecutive years of profitability", stated Bill Byun, Managing Director of Samsung Ventures. "We view PhaseLink as a key market trend setter and we're excited about our mutual cooperation on multiple areas."

PhaseLink is expected to use the funding to expand its market share and streamline its manufacturing capabilities, enhancing its customer support.

"We are pleased to be supported by one of the world's most creative and leading institutions," said D.C. Chang, CEO of PhaseLink Corporation. "This partnership will enable PhaseLink to further strengthen our market leadership, product portfolio, and customer satisfaction".

PhaseLink has been a key contributor to the Frequency Generation and Synthesis markets, with many 'First to Market' products. Analog Frequency MultipilerTM, PhasorVTM, PicoPLLTM (world's smallest and lowest power programmable clocks), Triangular Modulation EMI Reduction Clocks, etc., are just some of the broad product line offered by PhaseLink. High performance systems have stringent performance requirements on clock sources. Monolithic clock synthesizer chips from PhaseLink, by virtue of their ability to synthesize multiple frequencies with very high accuracy and multiple simultaneous outputs, provide excellent solutions for these systems, while minimizing the costly inventory of crystal and crystal oscillators.

About PhaseLink Corporation
PhaseLink Corporation is the recognized leader in the mixed signal technology for timing source and signal conditioning ICs, in the area of Communications, Data Storage, Personal Computing, and Consumer Products. An innovator of many first to market products such as Analog Frequency Multipliers, Triangular Modulation SST, Bi-directional I/O, SMART-BYTETM Programmable clock chip, lowest power and smallest programmable clocks, etc., PhaseLink offers one of the broadest IC product lines in the industry (XO, VCXO, Analog Frequency Multipliers, EMI reduction, programmable, Video, and LAN clocks).

About Samsung Venture Investment Corporation
Samsung Venture Investment Corporation manages investment and investment-related activities for the Samsung Group. The investment mandate for Samsung Venture Investment Corporation tracks closely to the strategic priorities of Samsung Electronics' and other Group companies' core operating divisions, and encompasses investments in semiconductors, displays, telecommunications, and consumer electronics.

Editorial Contact:   
Ladan Saniee

PhaseLink Corporation
47745 Fremont Boulevard
Fremont, CA 94538       
Phone: 510-492-0990 x230
Fax: 510-492-0991
www.phaselink.com

PhaseLink Corporation and the PhaseLink logo are registered trademarks of PhaseLink Corporation. Quick Turn Clock, Analog Frequency Multiplier, PicoPLL, PicoEMI, Triangular Modulation SST, and SMART-BYTE are trademarks of PhaseLink Corporation. All other product names or company names are mentioned for identification purposes only, and may be trademarks of their respective owners.

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