To @eewiz: In the good, old days of Internet bubble $30M valuation would be small...but in today's market that is not bad...having said that I don't know what their revenue is and projected earnings going forward...Kris
7.8m for 25% stake is not so great. Many web companies in series A fetches much more than that . If I am not wrong the wireless tech is the key USP of Toumaz healthcare products, which adds to the disappointment.
As far as I understand wireless technology that Toumaz has developed is much lower in power than many competing technologies (Bluetooth, ZigBee, etc)...perhaps we can get someone from Toumaz to comment? Kris
I am not sure what the niche is from Toumaz in the already crowded wireless communication IC space. The sensor network space including solutions for 802.15.6 has seen a healthy number of companies developing products.
Replay available now: A handful of emerging network technologies are competing to be the preferred wide-area connection for the Internet of Things. All claim lower costs and power use than cellular but none have wide deployment yet. Listen in as proponents of leading contenders make their case to be the metro or national IoT network of the future. Rick Merritt, EE Times Silicon Valley Bureau Chief, moderators this discussion. Join in and ask his guests questions.