Thursday, December 09, 2004

Bermai - assets acquired by DSP Group

DSP Group Pays $5M For Bermai, A Wi-Fi Chip Maker That Raised $34M

By Erica R. Davis

DSP Group Inc., which makes chipset products for
residential wireless connectivity, has acquired
substantially all of the assets of Wi-Fi chip company
Bermai Inc. for about $5 million in cash. Bermai had
raised $34 million in venture capital financing over
two rounds.

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