High-techDue Diligence: Siroyan |
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By The Chilli analysts"Today, with over $20M in the bank, we can forge ahead building the softcore products that will catalyse the emergent system-on-chip (SoC) revolution." So said Ken Will, founder and chief executive officer of Siroyan, in June 2000, on closing its last funding round. So what progress appears to have been made with that $20m? The Chilli takes a closer look at Siroyan as a representative of Europe's current generation of privately held high-tech start-ups. With the venture capital and private equity market licking its wounds and the semiconductor industry experiencing a severe downturn, there are some important lessons for the intellectual property (IP) industry sector.
Comments on this story? Send an email to Woz Ahmed: woz@thechilli.com |
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© Chilli Publishing Ltd 2003 |
20SEPT2002 |
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