Japanese electronics giant signs development agreement with IPtronics  

2005.04.29
A Japanese electronics manufacturer has signed a development agreement with Danish entrepreneurial high-tech company IPtronics on supplying high speed chips

A Japanese electronics manufacturer has signed a development agreement with Danish entrepreneurial high-tech company IPtronics on supplying high speed chips. The agreement could lead to an international breakthrough for IPtronics. Niels Finseth, managing director of IPtronics, declines to name the Japanese company and adds: "A lot could still go wrong since we are just in the development stage, but I think revenues of DKK 500 mn (USD 85 mn) are a realistic prospect in three years".

IPtronics was founded in 2003 by Niels Finseth and two engineers from the successful Danish chip company Giga. IPtronics recently moved to new premises in Roskilde close to Copenhagen. The company's first customer was CERN, the European Organisation for Nuclear Research, the world's largest particle physics centre. IPtronics has developed some of the high speed chips which provide CERN with data from the organisation's enormous LHC underground accelerator in the Alps.

The news is reported by ComputerWorld.

Link > IPtronics 

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