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RUSNANO invests into MEMS systems

RUSNANO invests into development of electronic components that provide increased performance in computing and communications equipment. The company will be a partner of the American Enterprise SiTime Corporation which designs high-performance oscillators and clock generation chips based on MEMS resonators. The total size of the financing makes up about 22 million of dollars of which RUSNANO investment part is about 15 million of dollars. The investment means will be directed on development of the SiTime research base, geographic expansion of sales and the creation of Russia's development center.

The main product realization markets are aimed at today's infrastructure solutions for telecommunications, computing, navigation systems, network sensors for environmental monitoring as well as many other systems that use accurate frequency generators in their process work. The World market of timing devices including resonators, oscillators and synchronizing chips worth 5 billion of dollars. The volume of Russian oscillators market is currently estimated at 80 million of dollars.

14 June 2011
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