Chipcon AS

Chipcon AS is the world's first implementer of a single-chip ZigBee wireless communications component. In 1998, Chipcon became a fabless semiconductor company. The company has operations at 42 locations in 27 countries.

Business description at investment year 2003

  • Strong position in RF radio chips
  • Global ambition for ZigBee

Major developments since investment

  • Verdane supported rapid growth from 2003 to 2006
  • Verdane positioned the company for capitalising on upcoming ZigBee standard by helping acquire Future 8 Wireless in San Diego
  • Verdane led the transaction phase in which the company was acquired by Texas Instruments in a strategic acquisition valuing Chipcon at $200 million

Testimonial

“Verdane Capital was Chipcon’s most active external owner. The co-operation among the founders, the board, the administration and Verdane Capital Advisors functioned very well throughout. Verdane Capital Advisors’ contributions were key to the success of the process that led up to the $200 million sale of the company to Texas Instruments in January, 2006.”
Geir Førre, former CEO Chipcon

Verdane - Core values

  • Get things done
  • Be passionate
  • Best in class
  • Respect for people
  • Dare to be different
Oslo Office
P.O. Box 1216 Vika
NO-0110 Oslo
Norway

Phone: +47 24 13 70 00
Fax: +47 24 13 70 01
E-mail: office@verdanecapital.com
Stockholm Office
Birger Jarlsgatan 32 B
SE-114 29 Stockholm
Sweden

Phone: +46 8 407 4200
Fax: +46 8 407 4210
E-mail: office@verdanecapital.com
Helsinki Office
Rikhardinkatu 4 B
FIN-00130 Helsinki
Finland

Phone: +358 9 698 0334
Fax: +46 8 407 4210
E-mail: office@verdanecapital.com