Parthus Business Description & news, links
Becaus in Yahoo there are no currently Business Description available.
(http://yahoo.marketguide.com/mgi/busidesc.asp?nss=yahoo&rt=busidesc&rn=A240B)
I paste some U.K. URL's here:
hemscott.com
hemscott.com
News archive:
hemscott.com
Highlights on summer news:
Parthus Technologies - Re Initial Public Offering
RNS Number:8977K
19 May 2000
Parthus Technologies Announces the Initial Public Offering Price of its
Ordinary Shares and ADSs
Dublin, Ireland Friday 19 May 2000 - Parthus Technologies plc ("Parthus")
today announced that shares offered in its initial public offering (the
"Offering") will be priced at £0.85 per ordinary share ($12.60 per American
Depositary Share, each representing 10 ordinary shares).
130,000,000 shares have been allocated to institutional and retail investors
as part of the Offering. Of the shares offered, 111,309,328 were sold by the
company and a further 18,690,672 by selling shareholders. The company expects
to receive proceeds, net of underwriting discounts and expenses, of
approximately $130,978,332. Goldman Sachs International is acting as Global
Coordinator. Parthus has appointed a syndicate of banks to assist Goldman
Sachs International in the Offering, which comprises Chase H&Q, Donaldson,
Lufkin & Jenrette and Lehman Brothers. In addition, certain selling
shareholders have granted the underwriters an option over a further 19,500,000
shares to cover over-allotments, if any.
The net proceeds of the offering are intended to be used to expand the
company's research and development capabilities, increase its sales and
marketing force, further expand information systems, potential acquisitions
and general working capital purposes.
A copy of the prospectus relating to these securities may be obtained, when
available, from Goldman, Sachs & Co., Prospectus Department, 85 Broad Street,
New York, NY 10004 (Tel: 212-902-1000).
3COM MAKES EQUITY INVESTMENT IN PARTHUS TECHNOLOGIES
Investment Will Help Parthus Develop Technologies for Emerging Standards for Wireless LAN, Wireless PAN and Mobile Internet Access
SANTA CLARA, Calif., June 7, 2000 - 3Com Corporation (Nasdaq: COMS)
today announced that it has recently taken an undisclosed equity stake in Parthus Technologies (Nasdaq: PRTH; LSE: PRH), a developer of platform-level intellectual property (IP) for the Mobile-Internet market. As part of the investment, Parthus will develop technologies for emerging wireless standards and, in particular, wireless networking.In addition to being a leading networking provider today, 3Com is focused ondeveloping solutions for five high-growth technologies: wireless technologies,broadband access, home networking, LAN telephony and Voice over InternetProtocol. Central to 3Com's strategy are investments in companies that areleaders in these high-growth technologies. Parthus is a provider of platform-level IP solutions targeted at next-generation wireless standards such as3G/W-CDMA, which enables broadband Internet access to wireless devices, and Bluetooth, which enables wireless-PAN (Personal Area Network)environments by providing connectivity between all classes of electronicdevices without the need for cables. Most recently 3Com has invested incompanies that specialize in wireless technologies, home networking,converged networking and Internet-related technologies."At 3Com, we recognize that the need for anywhere, anytime connectivity drivesincreased deployment of wireless solutions globally," said Edgar Masri, seniorvice president of business development at 3Com. "Our investment in Parthuswill provide us with access to an extensive portfolio of leading edge IP-platforms that we will be able to leverage as we develop next-generationwireless products for businesses and consumers.""3Com is a world-leader in wired and wireless networking and a market shareleader in small business networking, LAN Telephony and CDMA wireless access -core markets that our platforms enable," said Brian Long, CEO and founder ofParthus Technologies, based in Dublin, Ireland. "With 3Com taking an equitystake in Parthus, it not only gives us both tremendous exposure to next-generation wireless networking technologies, but also to 3Com's extensivemarket base."About Parthus Technologies plc Formed in 1993, Parthus Technologies (formerly SSL) is over 300 professionals dedicated to the development of intellectual property (IP) platforms targeting next generation m-Commerce enabled devices and applications such as Bluetooth, MP3 Internet audio, GPS, smartphones and 3G cellular. Drawing on the expertiseof over 250 engineers, we unite our capabilities in RF IC, DSP, mixed signalIC, digital ASIC and software in creating IP-platforms that deliver exceptional power, performance, cost and time-to-market advantages to our global customer base. Visit Parthus at www.parthus.com.About 3Com Corporation With more than 300 million customer connections worldwide, 3Com Corporation connects more people and organizations to information and each other in more innovative, simple and reliable ways than any other networking company. 3Com delivers web-enabled solutions to consumers, small- to medium-sized business locations and network service providers. For more information, visit 3Com's Web site at www.3com.com/pressbox.
PARTHUS LAUNCH THE ULTRA SMALL AND ULTRA LOW POWER BLUESTREAM BLUETOOTH PLATFORM
BlueStream Platform paves way to both 'Zero Chip' and 'Single Chip' Blue tooth solutions to enabling a wide array of devices from mobile phones, PDAs, PCs. Monte Carlo, June 14th: Parthus Technologies (Nasdaq: PRTH; LSE: PRH), aleading supplier of semiconductor Intellectual Property for the Mobile-Internet market, today launched the Parthus BlueStream Platform - an ultrasmall and ultra low power Bluetooth silicon platform enabling mobile phone andelectronics manufacturers to produce a 'single chip' Bluetooth solution todayas well as a roadmap to develop a 'zero chip' to achieve the lowest possiblecost Bluetooth product.Bluetooth, named after a medieval Danish King, is a specification for wirelesscommunication between notebook PCs, handheld computers, mobile phones and anendless array of other electronic devices. Its promise is absolute: no cablesto trip over, no plugs to jam or break, and the potential of seamless compatibility. Bluetooth also allows ad hoc networking between these devicesand a wide variety of peripheral devices from cameras to printers and wireless headsets. The technology is based on the proposition that while it is becoming increasingly easy to send information from one side of the world to the other, moving data just a few feet is a far more troublesome matter. Ericsson, IBM, Intel, Nokia, and Toshiba formed the Bluetooth SIG, the specification'sguiding body, in 1994. The SIG now has over 1,400 members and includes justabout every major technology and telecommunications company.The Parthus BlueStream Intellectual Property (IP) Platform is one of theindustry's most comprehensive IP offerings containing all the requisitetechnology for our customers to rapidly integrate Bluetooth into their productofferings. The solution encompasses a comprehensive radio offering (includinga Silicon Germanium BICMOS RF and CMOS 0.18um RF); digital Baseband (offeredboth in Baseband IP and full system-on-a-chip) and finally complete softwarestacks for baseband and host interface."When we commenced the design and development of BlueStream two years ago, wehad a very clear vision of ultra small size and low power, enabling trueintegration of Bluetooth into mobile devices." said Kevin Fielding, ChiefOperating Officer of Parthus. "In terms of memory, processor requirements,power consumption, form factor and software size, our BlueStream Platformleads the industry. We offer not only single and integrated chip platformsthat enable our customers to deliver the commercial goal of a Bluetooth chipfor $5 today, but also, our architecture has pioneered the development of true'zero chip' Bluetooth, and the goal of near zero manufacturing costs to our customers."Although Bluetooth is primarily focused on mobile systems, the technology willalso be incorporated into an array of stationary devices such as PCs, printersand so forth. Fundamentally, no individual Bluetooth solution will fit allthese market requirements. For example, mobile phone manufacturers will pursue a 'zero chip' strategy to achieve zero manufacturing costs to implement Bluetooth whilst other market segments will seek the simplicity of the 'single chip' approach. Quite uniquely Parthus BlueStream IP spans both 'zero chip'and 'single chip' Bluetooth deployment.
Zero Chip Bluetooth:
For mobile phone manufactures, critical design considerations are size, powerconsumption, RF performance and above all, cost. For the mobile phoneplayers, Bluetooth is only truly viable when its manufacturing costs approach$0, mandating the zero incremental chip approach. Zero Chip Bluetooth isenabled by developing multi-mode radios (e.g. GSM, WCDMA, GPS, Bluetooth) andan integrated baseband. "Two factors enable Parthus to develop zeroincremental chip Bluetooth" says Kevin Fielding. "Firstly our ultra small andlow power Platform enables integration into the existing chip infrastructureof the mobile device. Secondly, Parthus strategy is to converge our portfolioof wireless platforms, which includes 3G, GPRS and GPS, creating both multi-mode radios and multi-mode basebands. Our end goal is for our customers'Bluetooth manufacturing costs to hit under $1."Single Chip Bluetooth:In segments where a device solely requires Bluetooth connectivity, a singlechip Bluetooth approach may be the best strategy in terms of simplicity, easeof integration and cost. Parthus strategy of developing separate RF (in 0.25SiGe and 0.18um CMOS) and BB (0.18um CMOS) facilitates the provision of provenIP blocks and thus the development of single chip implementation anddeployment. Parthus single chip utilizes 0.18 CMOS to aggressively hit theinitial Bluetooth commercial target of $5. For further information, contact:Kevin Fielding, Chief Executive OfficerParthus Technologies plc, tel: + 353 1 402 5700Barry Nolan, Vice President MarketingParthus Technologies plc, tel: + 353 1 402 5700Deborah Ardern-JonesFinancial Dynamics, tel: + 44 20 7831 3113 |
