Avera Semiconductor
Application Specific Integrated Circuit (ASIC) company dedicated to providing custom silicon solutions for a broad range of applications.
| Date | Investors | Amount | Round |
|---|---|---|---|
| - | investor | €0.0 | round |
| investor | €0.0 | round | |
* | $600m | Acquisition | |
| Total Funding | 000k | ||
Avera Semiconductor was the custom chip division of GlobalFoundries, which was acquired by Marvell Technology Group in 2019. The company specializes in the design and production of application-specific integrated circuits (ASICs) for a variety of markets, including networking, data centers, and automotive.
Avera's business model is based on providing custom silicon solutions to its clients. This means that the company works with its customers to design and manufacture chips that are tailored to their specific needs. This approach allows Avera to provide its clients with a high degree of differentiation and a competitive advantage in their respective markets.
The company's primary clients are large, established technology companies that require high-performance, custom-designed chips for their products. Avera's ASICs are used in a wide range of applications, from 5G base stations to self-driving cars.
Keywords: ASIC, custom silicon, 5G, infrastructure, data center, automotive, semiconductor, microelectronics, Marvell, GLOBALFOUNDRIES