Motorola invests in consumer IC firm

Other existing investors, DCM and Norwest Venture Partners, also provided funds. The financing will support production of a family of single-chip media ICs based on the Zenverge Entertainment Nexus (ZEN), a new architecture for digital HD convergence.

Motorola is investing in other firms. Motorola, through its strategic investment arm, Motorola Ventures, this week announced a strategic investment in TuneWiki Ltd., a provider of next-generation social media music players and related applications.

Late last year, Motorola Ventures made an investment in Sensitive Object, a leader in multi-touch anywhere platforms and natural user interface (NUI)