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MoSys, Inc. Acquires Ventures West Investee ATMOS Corp.Ottawa, ON, September 4, 2002 - Ventures West, one of Canada´s largest privately owned venture capital companies, announced that ATMOS Corp., a portfolio company since 2000, has been acquired by MoSys, Inc. (NASDAQ: MOSY). MoSys, Inc. is the industry´s leading provider of high density System on Chip (SoC) embedded memory solutions for the communications and consumer electronics markets. The acquisition will enable MoSys to further expand its engineering capabilities and facilitate development of additional 1T-SRAM product offerings. Further, the ATMOS team´s experience in compiler technology will enhance the proliferation of MoSys´ 1T-SRAM technology to a broader base of customers. ATMOS is a semiconductor memory company that focuses on creating high-density, compiler-generated embedded memory solutions for SoC applications. The ATMOS memory architecture can be customized to specific SoC applications by utilizing a compiler technology that allows chip designers to rapidly configure and evaluate highly tailored memory in minutes. "We are very pleased to have finalized this acquisition and we believe the integration of the ATMOS engineering talent and their expertise in embedded memory and memory compiler technology will further accelerate our penetration in the SoC market," commented Dr. Fu-Chieh Hsu, President and Chief Executive Officer of MoSys. "In addition to expanding our engineering core and research and development roadmap, we will also be able to devote more resources to complex SoC design requirements while providing the best possible support for our rapidly increasing customer base."
About Ventures West Ventures West is a privately held venture capital investment group that invests in early stage technology companies across North America from offices in Vancouver, Toronto and Ottawa. Since its founding in 1968, Ventures West has invested over $400 million in more than 150 companies. Ventures West has the people, the expertise, and the capital to develop emerging technology companies into market leaders. Our investment strategy focuses on four technology sectors: Information Technology, Telecommunications, Biotechnology and Power Technology. For more information, visit www.ventureswest.com.
For More Information: Marc Wickham |
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