Irish chip IP company gets funding

June 19, 2003 – Belfast, Ireland – Amphion, a provider of semiconductor IP cores, has closed a $5 million round of funding led by ACT Venture Capital, the largets VC investor in Ireland, and Invest Northern Ireland Enterprise Equity.

The company will use the funds to expand sales and support of its SIP for digital video and image coding system-on-chip design. Amphion was spun off from The Queen’s University of Belfast in 1994.

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