Recognized for their ongoing efforts to build differentiated Integrated Circuits (ICs) which help customers shrink their solution size and reduce power
BANGALORE, India: February 19, 2016: Cirel Systems, a fabless semiconductor company bagged the IESA Technovation 2015 Award as the ‘Most Promising Startup’ during Vision Summit 2016. The company was recognized for building differentiated Integrated Circuits (ICs) which are used primarily in consumer applications. One of its IC is being used in the stylus of Microsoft Surface tablets, some of the other ICs are used in portable head phone amplifiers and MEMS microphones. The company is focused on developing new ICs for applications in portable devices like tablets, 2-in-1 laptops and wearables.
Technovation Awards, celebrating excellence in ESDM aims to recognize role models for innovation and excellence in the electronics and semiconductor ecosystem. The Awards honor India’s best individual contributors and organizations that drive the industry forward; and provide them with a platform to showcase their achievements and product successes.
Elated on winning the award, Sumeet Mathur, CEO of Cirel Systems said, “This is a recognition for our ongoing efforts to build differentiated Integrated Circuits (ICs). Our ICs are helping customers shrink their solution size and reduce power both key requirements across the portable electronics space. We have shipped over 10M units across all our products and are investing in R&D to continuously innovate and build compelling solutions.”
Commenting on the occasion, M.N Vidyashankar, President, IESA said, “Cirel Systems exemplifies Indian companies which can develop state of the art solutions and become part of global supply chains. We hope in the years to come many fabless companies from India will find their niche in the competitive global semiconductor market.”
Congratulating the winners, Mr. Krishnamoorthy, Convener, Technovation awards, Vice Chairman , IESA & Managing Director, Rambus Chip Technologies (I) Pvt. Ltd said, “As India prepares to take the ESDM center-stage, the industry comes together to recognize, applaud and reward the untiring efforts of members in government, industry and academia. Technovation Awards is that attempt from IESA to acknowledge the unparalleled contribution of the awardees towards the ecosystem in furthering innovation and development of India’s ESDM industry.”
