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Semiconductor Innovator Decawave Appoints Jim O’Hara Chairman; Announces €6m In Further Funding

- Ex-Intel VP Will Chair Irish Semiconductor Innovator - DecaWave Also Announces Additional €6M in Funding

 
PRLog - Mar. 28, 2012 - Dublin Ireland, 28th March 2012 – DecaWave (www.decawave.com), the pioneering fabless semiconductor company  specialising in ultra wideband (UWB) technology for Real Time Location Systems (RTLS) and Wireless Sensor Networks (WSN), has announced ex-Intel VP Jim O’Hara as Chairman of the company.    

DecaWave has also announced that it has successfully raised a further funding round of €6m from private investors in the US and Europe. This brings the total invested in DecaWave to €12.4m.

Jim O’Hara is a leading figure in Irish technology and business. He is former Vice President of Intel Corporation and General Manager of Intel Ireland, where he was responsible for Intel’s technology and manufacturing group in Ireland. He is also a Board member of Enterprise Ireland, and is on the board of a number of Irish public companies.

“The appointment of Jim O’Hara as Chairman brings unique expertise and stature to DecaWave, and we are honoured that he has agreed to chair the company, to offer us his guidance and strategic vision at this vital time for the company”, says Ciaran Connell, CEO DecaWave.  “DecaWave is entering the final critical stage of our development before we reach full commercialisation for our ScenSor chip, and we believe Jim’s decision to join us, along with the additional €6M in funding from our investors, further validates and endorses both DecaWave’s vision and our technology.”

DecaWave was co-founded in Dublin by company President and CTO Michael McLaughlin, a world renowned expert on wireless technologies, who was instrumental in developing the IEEE 802.15.4a standard, and CEO Ciaran Connell, formerly of Motorola and Freescale Semiconductor.  The company is privately held, and employs 25 in Dublin Ireland, with offices in San Jose California, Seoul South Korea, and Toulouse France.

DecaWave has been advised on this and previous rounds of funding by Venturise (www.venturise.com).

ENDS

Press contact:
David Rusk, Curzon Associates (PR for DecaWave)
t: +353 1 2014898;
m: +353 87 2345605;
e: david@curzon.ie
Editors Notes

About DecaWave
DecaWave is a fabless semiconductor company specialising in the architecture and design of integrated circuits for communications equipment markets using/requiring the advantages afforded by ultra wideband technology. DecaWave’s flagship product ScenSor is a complete, single chip CMOS ultra-wideband IC based on the IEEE 802.15.4a standard , and has applications in areas as diverse as manufacturing, healthcare, lighting, security, transport, inventory & supply chain management.

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Contact Email:
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Source:DecaWave
Phone:+353 1 2014898
Location:Ireland
Industry:Semiconductors
Tags:rtls, RFID, uwb, decawave, semiconductor, wsn, sensor, Wireless, internet of things
Last Updated:Mar 28, 2012
Shortcut:prlog.org/11835729
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