Search
Menu
Excelitas PCO GmbH - Industrial Camera 11-24 VS LB

Intel, Hitachi Fund Photobit's CMOS Technology

Facebook X LinkedIn Email
PASADENA, Calif., March 2 -- Intel Capital Corp., Hitachi Ltd. and other investors have agreed to provide a $25 million package for Photobit Corp. The investments by Intel and Hitachi, which use Photobit's CMOS-based products in their devices, are strategic investments in the company's intellectual property, Photobit CEO Sabrina Kemeny said.
    "Intel is one of our big customers for its PC (video) cameras," Kemeny said. "Hitachi, which supplies semiconductor chips to handset manufacturers, is important for us because of mobile markets," said Kemeny.
    Formed in 1995 from research developed at NASA's Jet Propulsion Laboratory in Pasadena, Photobit now has raised a total of $47 million.
LPC/Photonics.com - Marketplace Banner Animated 6/24

Published: February 2001
News & Features

We use cookies to improve user experience and analyze our website traffic as stated in our Privacy Policy. By using this website, you agree to the use of cookies unless you have disabled them.