EvoNexus and GLOBALFOUNDRIES Team to Accelerate Growth of Wireless and IoT Startups

Santa Clara, Calif., Oct. 26, 2020 (GLOBE NEWSWIRE) -- EvoNexus, a leading non-profit technology incubator, and GLOBALFOUNDRIES® (GF®), the world’s leading specialty semiconductor foundry, today announced their collaboration to accelerate the growth of semiconductor startups developing breakthrough products in wireless and the Internet of Things (IoT). EvoNexus has extensive history and success incubating startups across the wireless ecosystem.

GF provides a broad range of platforms and features with a unique mix of design, development and fabrication services. As one of the leading innovators of SOI-based technology, GF’s solutions deliver greater bandwidth, ultra-low power, higher levels of integration, and lower latency for scalable and reliable applications that are fundamental to smart, connected IoT and wireless connectivity markets. Specifically, GF and their customers, along with the products they develop, will have a foundational impact on the emerging global 5G ecosystem. Through access to this technical expertise and these cutting-edge technologies, EvoNexus’ partners will be further empowered to develop new solutions and will speed their time to market.

“We are excited to collaborate with EvoNexus to drive innovation and bring disruptive products to market,” said Dr. Bami Bastani, senior vice president and general manager of Mobile and Wireless Infrastructure at GF. "EvoNexus’ proven incubation program and corporate partnerships that include Qualcomm, Murata, pSemi, TDK InvenSense and Viasat, coupled with GF's differentiated, feature rich solutions will enable promising semiconductor startups to build innovative products that will help connect and power the digital world."

“5G, IoT, Telemedicine, Industry 4.0, AI, Smart Homes and AgTech represent opportunities where an early stage venture can establish a beachhead in nascent markets,” said Dr. Jim Cable, CTO of EvoNexus. “The GlobalFoundries and EvoNexus collaboration will provide innovators with differentiated solutions, while reducing the cost of product development and speed time to a market window that is fleeting.”

“GlobalFoundries manufacturing and technology access provides a key element as EvoNexus launches an outreach to locate and assist early stage semiconductor ventures regardless of their location,” said Rory Moore, CEO and Co-founder of EvoNexus and Co-founder of Peregrine Semiconductor & Silicon Wave. “Access to high quality chip manufacturing has never been more difficult with the major OEMs consuming most of the global capacity. GlobalFoundries recognizes that semiconductor design innovation often comes from a startup. EvoNexus and GlobalFoundries provide an ideal partnership for breakthrough designs that make IoT and 5G a reality.”

About GF

GlobalFoundries (GF) is the world’s leading specialty foundry. GF delivers differentiated feature-rich solutions that enable its customers to develop innovative products for high-growth market segments. GF provides a broad range of platforms and features with a unique mix of design, development and fabrication services. With an at-scale manufacturing footprint spanning the U.S., Europe and Asia, GF has the flexibility and agility to meet the dynamic needs of clients across the globe. GF is owned by Mubadala Investment Company. For more information, visit  www.globalfoundries.com.

About EvoNexus

EvoNexus is California's leading non-profit technology startup incubator with locations in San Diego, Orange County, Silicon Valley, and a virtual program. EvoNexus has successfully launched around 230 technology startups with a survival rate of over 85%. Since the incubator's formation in 2010, EvoNexus Ventures have secured over $2B in venture funding and outcomes, $6B in pre-exit valuation and 28 acquisitions. Of the 230+ startups incubated, 19 have been of the semiconductor sector with 5 of them becoming acquired. EvoNexus is supported by corporate investors, including some of the largest multinational corporations in the world. For more information, please visit  evonexus.org.

Erica McGill
GLOBALFOUNDRIES
518-795-5240
erica.mcgill@globalfoundries.com



Review Article Be the first to review this article

Featured Video
Editorial
More Editorial  
Latest Blog Posts
Modesto (Mo) CasasGlobal Business in EDA
by Modesto (Mo) Casas
Focus a Global Reseller Channel on Your Product
Anupam BakshiAgnisys Automation Review
by Anupam Bakshi
Functional Safety and Security in Embedded Systems
Bob Smith, Executive DirectorBridging the Frontier
by Bob Smith, Executive Director
Phil Kaufman Award Goes on Hiatus for 2020
Colin WallsEmbedded Software
by Colin Walls
Why develop embedded software bottom up?
Jobs
Technical Marketing Mmanager for EDA Careers at Fremont, California
Senior Application Engineer Formal Verification for EDA Careers at California or Austin, California
Senior Java Developer/Architect for EDA Careers at Varies, North Carolina
ASIC Engineer for Amazon at seattle, Washington
Product Line Manager for EDA Careers at Multiple, North Carolina
Wireless ASIC Design Engineer for Apple Inc at Cupertino, California
Upcoming Events
Accellera Day India 2020 at Online Event India - Dec 2 - 3, 2020
RISC-V Summit 2020. at United States - Dec 7 - 10, 2020
SEMICON Japan 2020 Goes Virtual at Japan - Dec 11 - 18, 2020
IPC APEX EXPO 2021 at San Diego Convention Center san diego - Mar 6 - 11, 2021
Verific: SystemVerilog & VHDL Parsers
TrueCircuits:



© 2020 Internet Business Systems, Inc.
670 Aberdeen Way, Milpitas, CA 95035
+1 (408) 882-6554 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering TechJobsCafe - Technical Jobs and Resumes GISCafe - Geographical Information Services  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy PolicyAdvertise