Surf Receives Investment from Texas Instruments; Opens Door for Wider Range of Software Access Solutions
September 22, 1999 11:00 AM
MAYNARD, Mass. and TERADYON, Israel, Sept. 22 /PRNewswire/ -- Surf Communication Solutions Ltd. (Surf), today announced that Texas Instruments Inc. TXN has made an investment in Surf. Specific financial details were not disclosed.
Surf provides open system software products that are embedded into telecommunication systems for flexible and scalable handling of xDSL, high- speed V.90 data modem, fax and voice media streams. Surf markets its products to manufacturers of telephony systems, networking equipment, wireless systems, and electronic consumer goods.
"Texas Instruments Digital Signal Processors lead the industry in performance," said Dr. Amnon Gavish, Surf's CEO and founder. "Our remote access software running on Texas Instruments C5000 and C6000 platforms provides telecommunication OEMs with unbeatable solutions. The investment from Texas Instruments deepens what has already been a very close and mutually beneficial relationship," Dr. Gavish added. "The Texas Instruments' investment will help us implement our strategy of providing leading telecommunication OEMs with customizable and differentiated open system software access solutions."
"Surf is one of TI's top DSP software third parties, so we are excited about investing in them and working toward their continued success," said Wayne Lieberman, Worldwide Strategic Software Business Manager at Texas Instruments. "With their focus on TI DSP based modular software, together we'll be able to provide customers with a wide range of programmable DSP solutions for today's ever expanding markets."
About Surf
Founded in 1996, Surf Communication Solutions Ltd. is a developer and supplier of data communication protocol and management software that lends flexibility, scalability, and high density to products handling xDSL, high speed data modem, fax, and voice transmissions. The company's open system software is integrated into embedded data communication equipment developed by original equipment manufacturers in the telecommunications, telephony, and electronic consumer goods industries. Surf is a privately held company headquartered in Teradyon, Israel, with offices in the United States, Europe and Asia. Information about Surf's products and services can be found at Surf's website, surf-com.com, or by contacting the company at +972-4-9990070.
North America:
Surf Communication Solutions, Inc., Two Clock Tower Place, Suite 310,
Maynard, MA 01754, Tel: (781)-837-8424, Fax: (978)-461-1725
Info@surf-com.com, surf-com.com.
Outside North America:
Surf Communication Solutions, Ltd., Beit Rabin, Teradyon, 20179 Israel,
Tel: (+972)-4-999-0070, Fax: (+972)-4-999-0072.
Company Contact: PR Agency Contact
Jacob Bridger Bob Robson
+972-4-9990070 Ext. 133 210-820-3070 ext. 103
jbridger@surf-com.com bobr@weinkrantz.com
SOURCE Surf Communication Solutions Ltd. |
