Sivers IMA joins Telecom Infra Project

Sivers IMA today announces it has now joined the Telecom Infra Project (TIP) ( https://telecominfraproject.com) , a ground-breaking initiative co-chaired by Facebook and Deutsche Telecom, as part of the recently established mmWave Work Group. 

The TIP initiative has, during its first year, attracted a vast number of companies, which aim to bring together expertise from technology companies that will help transform traditional telecom ecosystems by deploying new technologies and agile architecture.

During the recent TIP Summit in San Jose, more than 200 companies attended the second TIP Summit ever.

“Since millimeter wave, and in particular 60 GHz, plays a key role in the TIP initiative, it is natural for Sivers IMA to join this project. The whole project is a clear industry statement and proof point that our focus on 60 GHz RF cost efficient solutions with beamforming capabilities is fully in line with market demand”, says Anders Storm, CEO of Sivers.

The mmWave Group will define and advance 60GHz wireless networking solutions to address the growing demand for bandwidth in dense, highly-populated cities by delivering gigabits of capacity more quickly, easily and cost-effectively compared to deploying fiber.

The engineering effort will focus on creating a low-cost hardware design complemented with an innovative suite of software tools and best practices to help service providers and municipalities streamline and maximize mmWave deployments.

For more information:  
Anders Storm, CEO  
Tel: +46 70 262 6390  
E-mail:   anders.storm@siversima.com   

This information is insider information that Sivers IMA is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication through the agency of the contact person set out above, on December 7, 2017 at 08.30 AM.

Sivers IMA Holding AB is a leading and internationally renowned supplier, publicly traded under the ticker SIVE. The wholly owned subsidiaries Sivers IMA and CST Global develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com .

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Sivers IMA Holding AB is a leading and internationally renowned supplier, publicly traded under SIVE. The wholly owned subsidiaries Sivers IMA and CST Global develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com.

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Since millimeter wave, and in particular 60 GHz, plays a key role in the TIP initiative, it is natural for Sivers IMA to join this project. The whole project is a clear industry statement and proof point that our focus on 60 GHz RF cost efficient solutions with beamforming capabilities is fully in line with market demand
Anders Storm, CEO of Sivers IMA