Danish Zensys receives DKK 45 million investment  

2003.07.21
The Danish Investment Fund and London-based venture company, Palamon Capital Partners support Danish Zensys with DKK 45 million

The Danish company Zensys, which delivers wireless network solutions for i.a. garage doors and air-conditioning systems, recently received DKK 45 million from the Danish Investment Fund and the British venture company Palamon Capital Partners.


The investment will primarily be used to ensure the development of the next generation of Zensys’ low-cost wireless chip. The chip will among other things be used for controlling air-conditioning systems, garage doors, electricity, and alarms from computers, PDAs or mobile phones.
Zensys expects to be able to lower the price with 50% on the next generation of wireless chips, informs company CEO Per Nathanaelson.
The news was reported on www.computerworld.dk

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