Samsung Electronics acquires WLAN developer, Nanoradio

June 04, 2012 // By Jean-Pierre Joosting
Samsung Electronics Co. Ltd., has acquired Nanoradio AB, a developer of ultra low power wireless LAN chipsets for high-speed wireless access in mobile phones.

Headquartered in Kista, Sweden, Nanoradio is a "fabless" company with approximately 60 employees and extensive experience in the wireless industry. In particular, Nanoradio specializes in developing small form factor high performance Wi-Fi chipsets with low power consumption for cellular platforms.

Nanoradio brings outstanding WLAN capabilities into mobile phones and consumer multimedia electronics. Its Wi-Fi chips target a range of applications, including mobile phones, wireless network cameras for home surveillance, portable media players and gaming devices. Another big area for Nanoradio is the growing fixed-mobile convergence market with dual-mode phones.

Founded in March 2004, Nanoradio is backed by Viking Venture, Creandum, Industrifonden, Nordic Venture Partners, Ferd Capital, Innovacom, Anchor Capital and Teknoinvest.

www.nanoradio.com
www.samsung.com