SiBeam

SiBEAM Inc.
Subsidiary
Industry Semiconductor
Founded 2004
Headquarters Sunnyvale, California, United States
Parent Lattice Semiconductor
Website www.sibeam.com

Company Overview:

SiBEAM Inc., a wholly owned subsidiary of Lattice Semiconductor, is a fabless semiconductor company that provides integrated circuits and system solutions for millimeter-wave (mmWave) wireless communications and sensing. SiBEAM was founded to commercialize pioneering millimeter wave wireless technology developed at the labs of University of California, Berkeley. The company was also first to market with wireless gigabit mobile video products. SiBEAM is based in Sunnyvale.

Corporate History

SiBEAM was founded in 2004 by researchers in wireless communications from the University of California, Berkeley. Backed by companies including Panasonic, Samsung, Cisco Systems, and Best Buy.[1][2][3][4] The company raised over $112 million of venture capital financing from U.S. Venture Partners, New Enterprise Associates, Foundation Capital, and Lux Capital in 2004, 2005, 2006, 2008, and 2010.[5][6][7][8][9][10][11] SiBEAM was noted by several publications as one of the promising startup companies in its industry.[12][13]

In April, 2011 SiBEAM was acquired by Silicon Image for $25.5 million in cash and Silicon Image stock.[14][15]

On January 5, 2015 Silicon Image Re-Launched SiBEAM, Inc. as a wholly owned subsidiary to drive market development of millimeter-wave products, technologies and solutions [16]

On March 15, 2015, Silicon Image was acquired by Lattice Semiconductor in an all-cash acquisition, valued at approximately $606.6 million (or approximately $466.6 million on an enterprise value basis).[17] SiBEAM became a direct wholly owned subsidiary of Lattice Semiconductor on June 1, 2015.


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