Palma Ceia Closes Series A Funding to Accelerate Market Expansion into China

LOS ALTOS, Calif., Oct. 5, 2015 – Palma Ceia SemiDesign (“PCS”), a provider of analog and RF IP for next-generation WiFi and mobile communications, today announced it has completed a Series A round of financing. Dongfang Jingyuan Electron Limited, a China Oriental Group company, was the sole participant in the investment round and will be an active partner as Palma Ceia expands into China. The investment will provide operating capital and help the company broaden and accelerate product development needed to address collaborative opportunities to support emerging standards in China.

“This latest funding round will help further the development of our solutions for advanced WiFi and mobile communications and allow us to bring our technology to a wider range of next-generation applications. It will also allow us to more aggressively engage with customers in China, a key market for growth. The partnership with China Oriental Group will fast track our efforts, and thus expected success,” said Roy E. Jewell, co-founder and chief executive officer of Palma Ceia.

Palma Ceia delivers analog and RF IP for mixed-signal SoCs, with a focus on emerging standards such as 802.11ac and 802.11ah for WiFi and LTE for mobile communications, targeted for fabrication at advanced process nodes. PCS solutions are differentiated by low-power, high-performance designs and fast delivery, and applications include broadband, wireless, medical and automotive products.

“Partnering with Dongfang Jingyuan Electron Limited is a key step allowing us to accelerate leading-edge development of RF IP for China and elsewhere,” said Jim Flowers, Palma Ceia co-founder and chief operating officer. “I also expect it will enhance our ability to attract top engineering talent in this fast growing market.”

Palma Ceia’s portfolio of IP for WiFi and LTE includes:

  • RF transceiversPipelined, Sigma-Delta and SAR ADCs
  • Pipelined, Sigma-Delta and SAR ADCsCurrent-steering DACs
  • Current-steering DACsHigh-accuracy, low phase noise PLLs
  • High-accuracy, low phase noise PLLs

“Investment in key semiconductor technologies is an imperative for China’s industrial strategy today. China Oriental Group actively supports this strategy and sees analog and RF IP as such a key technology – critical to the proliferation of ‘Internet-of-Everything’ (IoE) throughout China. As such, we are very happy to lend our support to Palma Ceia SemiDesign, the technology leader in this area,” said Jingyuan Han, chairman and chief executive officer of China Oriental Group Company Limited.

About Palma Ceia SemiDesign
Palma Ceia SemiDesign, Inc. is a provider of semiconductor IP for next-generation WiFi and mobile communications, targeting analog and RF IP for mixed-signal SoCs. With a focus on emerging standards, PalmaCeia SemiDesign supports the design of high-performance devices for broadband, wireless, medical and automotive applications. Palma Ceia SemiDesign solutions are differentiated by low-power and high-performance designs. Visit Palma Ceia SemiDesign on the web at pcsemi.wpengine.com.

Palma Ceia SemiDesign and the Palma Ceia SemiDesign logo are trademarks of Palma Ceia SemiDesign, Inc., and are protected by trademark laws of the United States and other countries. All other product and company names are trademarks or registered trademarks of their respective companies.

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