Atsana Semiconductor

Atsana Semiconductor

Atsana's initial market focus is on media processor solutions for wireless media (video, image and audio) applications.

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DateInvestorsAmountRound
investor

€0.0

round
investor investor

€0.0

round

$1.4m

Valuation: $1.4m

Acquisition
Total Funding000k
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Atsana Semiconductor Corp. was a fabless semiconductor company established in 1999 by Luc Lussier and headquartered in Ottawa, Canada. The firm focused on developing programmable, low-power consumption multimedia processors for the burgeoning mobile device market. Its core business involved designing and supplying these specialized media microprocessors to manufacturers of wireless devices such as mobile phones, personal digital assistants (PDAs), and network cameras.

The company's key product was a media processor designed to handle a variety of multimedia applications with high performance and low power draw, a critical factor for battery-operated devices. This processor enabled functionalities like digital still camera and camcorder features, video conferencing, video streaming, and 2D/3D gaming on handheld devices. The architecture was based on a massively-parallel array of processing elements, which allowed it to be scalable and programmable to support numerous multimedia standards. By licensing ARM core technology, Atsana aimed to deliver powerful wireless multimedia processing capabilities.

Atsana operated in the competitive electronics and semiconductor industry, targeting the rapidly growing market for camera-enabled mobile phones in the early 2000s. The company secured significant venture capital to fund its operations, raising a total of $25.6M, which included a notable Series B round of $10 million in January 2004. This funding round saw participation from a syndicate of investors including Siemens Mobile Acceleration, GrowthWorks Capital, Covington Capital, Greenstone Venture Partners, Stata Venture Partners, and BDC Venture Capital. The capital was intended to expand marketing, sales, and product development efforts. After several years of operation, Atsana Semiconductor was acquired by MtekVision, a South Korean firm, on August 1, 2005, marking the conclusion of its journey as an independent entity. Keywords: fabless semiconductor, media processors, low-power microprocessors, mobile device processors, wireless multimedia, programmable processors, handheld devices, parallel processing array, MtekVision acquisition, Luc Lussier, Alex Leupp, Ottawa semiconductor, video processing chip, PDA processors, network camera chip, venture capital funding, Siemens Mobile Acceleration, GrowthWorks Capital, BDC Venture Capital, ARM core license

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