Thursday, September 23, 2010

Tensilica Gets Investment From Fujitsu

Santa Clara-based Tensilica, a developer of digital signal processing (DSP) and CPU cores for the systems-on-a-chip market, said this week that it has received a strategic investment from Fujitsu Limited. Financial terms of the investment were not disclosed, however, the firm recently indicated through a regulatory filing that it had raised $10.45M in a Series E-3 preferred round. According to Tensilica, Fujitsu has been working with the company for the past two years, using Tensilica's cores for its LTE mobile phones. More information »