SAN ANTONIO—Fabless chip vendors, IDMs and semiconductor industry suppliers received a total of $134.5 million venture investment dollars in May, down 42.5 percent from April but up 122.7 percent compared to May 2011, according to the Global Semiconductor Association (GSA).
Ten chip companies received funding, up from nine companies in April and eight companies in May 2011, GSA said.
Aquantia Corp. and Violin Memory Inc. were the two highest funded chip companies in May, GSA said.
Through the first five months of the year, a total of $572.9 million was raised by semiconductor firms, up 9.7 percent from the first five months of 2011, GSA said.
There were nine mergers/acquisitions in the semiconductor industry announced in May, up from seven in April and down from 16 in May 2011, GSA said. The largest M/A deal in the industry in May was Microchip Technology Inc. bought Standard Microsystems Corp. for $939 million, GSA said.