SiBEAM Inc., a wholly owned subsidiary of

Lattice Semiconductor Lattice Semiconductor Corporation is an American semiconductor company specializing in the design and manufacturing of low power, field-programmable gate arrays (FPGAs). Headquartered in the Silicon Forest area of Hillsboro, Oregon, the company ...

, is a fabless semiconductor company that provides integrated circuits and system solutions for millimeter-wave (mmWave) wireless communications and sensing. SiBEAM was founded to commercialize pioneering millimeter wave wireless technology developed at the labs of

University of California, Berkeley The University of California, Berkeley (UC Berkeley, Berkeley, Cal, or California) is a public land-grant research university in Berkeley, California. Established in 1868 as the University of California, it is the state's first land-grant u ...

. The company was also first to market with wireless gigabit mobile video products. SiBEAM is based in

Sunnyvale Sunnyvale () is a city located in the Santa Clara Valley in northwest Santa Clara County in the U.S. state of California. Sunnyvale lies along the historic El Camino Real and Highway 101 and is bordered by portions of San Jose to the north ...

History

SiBEAM was founded in 2004 by researchers in wireless communications from the

. Backed by companies including

Panasonic formerly between 1935 and 2008 and the first incarnation of between 2008 and 2022, is a major Japanese multinational conglomerate corporation, headquartered in Kadoma, Osaka. It was founded by Kōnosuke Matsushita in 1918 as a lightbulb ...

Samsung The Samsung Group (or simply Samsung) ( ko, 삼성 ) is a South Korean multinational manufacturing conglomerate headquartered in Samsung Town, Seoul, South Korea. It comprises numerous affiliated businesses, most of them united under the ...

Cisco Systems Cisco Systems, Inc., commonly known as Cisco, is an American-based multinational corporation, multinational digital communications technology conglomerate (company), conglomerate corporation headquartered in San Jose, California. Cisco develo ...

, and

Best Buy Best Buy Co. Inc. is an American multinational consumer electronics retailer headquartered in Richfield, Minnesota. Originally founded by Richard M. Schulze and James Wheeler in 1966 as an audio specialty store called Sound of Music, it was rebra ...

. The company raised over $112 million of

venture capital financing Venture capital financing is a type of funding by venture capital. It is private equity capital that can be provided at various stages or funding rounds. Common funding rounds include early-stage seed funding in high-potential, growth companies ...

from U.S. Venture Partners,

New Enterprise Associates New Enterprise Associates (NEA) is an American-based venture capital firm. NEA focuses investment stages ranging from seed stage through growth stage across an array of industry sectors. With ~$25 billion in committed capital, NEA is one of the w ...

Foundation Capital Foundation Capital is a venture capital firm located in Silicon Valley. The firm was founded in 1995, and in 2012 managed more than $2.4 billion in investment capital. History Foundation Capital was founded in 1995. The firm raised its sevent ...

, and

Lux Capital Lux Capital is a venture capital firm based in New York City. It was founded in 2000, and focuses on investments in emerging technologies. History Lux Capital was founded in 2000 by Peter Hébert, Robert Paull and Josh Wolfe. In April 2011, for ...

in 2004, 2005, 2006, 2008, and 2010. SiBEAM was noted by several publications as one of the promising startup companies in its industry. In April, 2011 SiBEAM was acquired by Silicon Image for $25.5 million in cash and Silicon Image stock. On January 5, 2015

Silicon Image Silicon Image is a provider of semiconductors for the mobile, consumer electronics and personal computers (PCs). It also manufactures wireless and wired connectivity products used for high-definition content. The company’s semiconductor and IP p ...

Re-Launched SiBEAM, Inc. as a wholly owned subsidiary to drive market development of millimeter-wave products, technologies and solutions On March 15, 2015,

was acquired by

in an all-cash acquisition, valued at approximately $606.6 million (or approximately $466.6 million on an enterprise value basis). SiBEAM became a direct wholly owned subsidiary of Lattice Semiconductor on June 1, 2015. On July 18, 2018

announced that they "will discontinue its millimeter wave business, which is expected to result in approximately $25 million of primarily non-cash restructuring and impairment charges in the second quarter of 2018, and an annualized reduction in operating expenses of approximately $13 million."
Lattice Semiconductor News Release : Lattice Semiconductor Takes Additional Action to Reduce Operating Expenses; Company to Discontinue Millimeter Wave Business to Focus on Core Business Opportunities.

References

Wireless HD coming to homes
CNN / Fortune, February 18, 2009
SiBeam takes wraps off Wireless HD technology
EETimes, June 27, 2007
Amimon makes headway with high-speed home video networking
Venture Beat, December 9, 2008
SiBEAM Goes 60 GHz
DailyWireless, June 27, 2007 {{refend Electronics companies established in 2004 Private equity portfolio companies Fabless semiconductor companies Companies based in Sunnyvale, California Semiconductor companies of the United States