LONDON – It may not be that the tide has turned in semiconductor startup funding but February caught a big wave of venture capital money, according the Global Semiconductor Alliance (GSA) industry organization.
Each month, GSA tallies relevant announcements on funding, IPO and M&A investment activity in the private and public sector. In February 2012 the amount of venture capital invested in fabless companies, IDMs and semiconductor suppliers was $159.8 million, a 237.1 percent increase compared with January and a 218.3 percent increase year-over-year. There were 14 semiconductor companies that received funding in February; a 100.0 percent increase month-on-month and a 180.0 percent increase year-on-year.
Inside Secure SA (Aix-en-Provence, France) raised about 70 million euro (about $90 million) when it listed on the Euronext market on February 17 at 8.20 euros.
Mergers and acquisitions were down in February, according to GSA. For these purposes it counts M&As involving entire fabless, IDM and semiconductor supplier companies, but not sectors/product lines or foundry facilities. The monthly M&A activity decreased by eight sequentially and by four year-on-year, GSA said.Related links and articles:
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