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News and Information Article
SANTA CLARA, Calif., June 1 // -- Quellan Incorporated, the
leading provider of analog signal integrity chips for the rapidly growing
data center, consumer, automotive and cell phone markets, today announced
it has secured an investment from VentureTech Alliance. The company will
use the proceeds to expand its product line and to enter new markets.
VentureTech Alliance is an independent venture capital management firm,
whose majority limited partner is Taiwan Semiconductor Manufacturing
Company (TSMC), the worlds largest dedicated semiconductor foundry.
Mr. Patrick Chang of VentureTech Alliance stated, "At VentureTech
Alliance, we focus on investing in private companies who are the leaders in
fast growing segments of technology. Quellan has a winning combination --
unique, high value analog products serving multiple markets and an
experienced management team."
"We are delighted to have VentureTech Alliance as an investor in
Quellan," said D. Tony Stelliga, President and CEO of Quellan. "Their
global perspective and operational excellence will help us expand our
business globally."
Quellan recently announced that Samsung Ventures and Menlo Ventures
invested in the Company.
"The arrival of strategic investors helps to lend legitimacy to the
approach that Quellan has taken in creating technology to speed existing
network interconnects and should help it open doors to other potential
major OEMs," said Greg Quick of the 451 Group.
About VentureTech Alliance
VentureTech Alliance was formed in early 2001 as an investment
management company that is focused on managing Taiwan Semiconductor
Manufacturing Company (TSMC) investment funds. Backed by the leader in the
semiconductor foundry industry, VentureTech is dedicated to facilitating
the growth and success of world-class high technology companies. The funds
target early-to-mid stage investments in fabless semiconductor companies
with demand for advanced semiconductor technology, high value semiconductor
infrastructure companies such as EDA, IP, or semiconductor equipment, and
emerging technologies in market segments that may require complex,
outsourced manufacturing services.
About Quellan Incorporated
Quellan specializes in analog components that improve the performance
and functionality of electronic equipment by removing channel impairments
and noise. Quellan serves the Enterprise, Telecom, Broadcast, Automotive
and Consumer Electronics markets. Privately held, Quellans investors
include VentureTech Alliance, Samsung Ventures, Menlo Ventures, and Cordova
Ventures.
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