Strategic investment into MIT spin-off Arctic Sand’s new TIPS™ technology delivers breakthrough in power conversion efficiency
Kirchheim/Teck, Germany --14 January 2013 -- Dialog Semiconductor plc (FWB: DLG), a provider of highly integrated power management, audio and short range wireless technologies, today announced a strategic equity investment into Arctic Sand Technologies, Inc., an MIT spin-off commercialising an innovative new approach to power conversion for multiple markets, including smartphones, tablets, ultrabooks and data centres. The investment was part of a Series A funding round, with Dialog participating alongside other venture capital and strategic investors. The terms of Dialog’s investment are not disclosed.
DC-to-DC power converters are the underlying building block of today’s power management Integrated Circuits (ICs). Arctic Sand’s patented TIPS (Transformative Integrated Power Solutions) technology uses a unique approach for conversion, based on switch capacitive techniques. The technology facilitates the use of smaller inductive components, resulting in increased efficiency and an overall higher power density factor over and above today’s competing technologies, delivering significant advantages in portable and data centre applications.
Dr Nadia Shalaby, CEO and Co-Founder, Arctic Sand Technologies, commented, “We are very pleased to have attracted investment and support of Dialog, which already provides power management technology to some of the world’s biggest smartphone and portable device vendors. This strategic investment will help us accelerate the commercialisation of our technology.”
Mark Tyndall, Vice President of Corporate Development and Strategy at Dialog Semiconductor, said, “As part of our advanced technology development strategy, we support innovative start-up companies for emerging technologies. Arctic Sand’s TIPSTM power management technology, together with their MIT relationship, perfectly complements our technology portfolio and Dialog’s support of such technologies will help us maintain leadership at the forefront of power management innovation.”