Minicom Secures Investment from Intel Capital
Intel Capital’s investment allows Minicom to further expand its product range, and enhance its KVM and Digital Signage sales and customer service support centers worldwide.
Jerusalem, Israel, October 27, 2006 --(PR.com)-- Minicom Advanced Systems Ltd., developer and manufacturer of digital and analog solutions for KVM (keyboard, video, mouse) server management, announced that it has received an investment from Intel Capital. Details of the deal were not disclosed.
Minicom products feature out-of-band access to servers, enabling system administrators to maintain vital control when system problems arise. The company is also a leading expert in the development of audio/video (AV), and serial distribution systems, which are essential for cost-effective installation and maintenance of in-store advertising and public display networks for the growing Digital Signage market.
Intel Capital’s investment allows Minicom to further expand its product range, and enhance its KVM and Digital Signage sales and customer service support centers worldwide. “Minicom is an innovative vendor in the growing KVM market,” said Joel Fisch, investment manager with Intel Capital. "Their technology enhances manageability and remote support capabilities which have become a key component in data centers and mission critical computing environments."
“We are very excited with the investment,” said Eli Sasson, President and CEO of Minicom. “Intel Capital is one of the most important strategic investors in the high tech industry. The investment will allow us to accelerate the development and deployment of new, innovative products for our customers.”
About Intel Capital
Intel Capital, Intel’s venture capital organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US $4 billion in more than 1,000 companies spanning more than 30 countries. During this time, about 160 portfolio companies have been acquired and another 150 have gone public on exchanges around the world. In 2005, Intel Capital invested about US$265 million in about 140 deals with approximately 60 percent of funds invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com
About Minicom Advanced Systems
Minicom Advanced Systems is a principal manufacturer of KVM solutions for out-of-band server management and distribution systems for Digital Signage. Synonymous with both innovative know-how and commitment to partnerships, Minicom is leading the development of internet-based centralized KVM access technologies and multi-media distribution systems. Founded in 1987 and based in Jerusalem, Israel, Minicom has a global presence in over 50 countries, with regional headquarters in North America and Europe. In 2005, Minicom acquired Replicom Ltd, a leading developer of remote KVM systems, which operates today as Minicom’s R&D center for IP technology.
For more information about Minicom, visit www.minicom.com or contact:
Sam Green
Marketing Communications Manager
sam.green@minicom.com
Tel: +972-2-5359-635
Fax: +972-2-5359-693
www.minicom.com
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Minicom products feature out-of-band access to servers, enabling system administrators to maintain vital control when system problems arise. The company is also a leading expert in the development of audio/video (AV), and serial distribution systems, which are essential for cost-effective installation and maintenance of in-store advertising and public display networks for the growing Digital Signage market.
Intel Capital’s investment allows Minicom to further expand its product range, and enhance its KVM and Digital Signage sales and customer service support centers worldwide. “Minicom is an innovative vendor in the growing KVM market,” said Joel Fisch, investment manager with Intel Capital. "Their technology enhances manageability and remote support capabilities which have become a key component in data centers and mission critical computing environments."
“We are very excited with the investment,” said Eli Sasson, President and CEO of Minicom. “Intel Capital is one of the most important strategic investors in the high tech industry. The investment will allow us to accelerate the development and deployment of new, innovative products for our customers.”
About Intel Capital
Intel Capital, Intel’s venture capital organization, makes equity investments in innovative technology start-ups and companies worldwide. Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing. Since 1991, Intel Capital has invested more than US $4 billion in more than 1,000 companies spanning more than 30 countries. During this time, about 160 portfolio companies have been acquired and another 150 have gone public on exchanges around the world. In 2005, Intel Capital invested about US$265 million in about 140 deals with approximately 60 percent of funds invested outside the United States. For more information on Intel Capital and its differentiated advantages, visit www.intelcapital.com
About Minicom Advanced Systems
Minicom Advanced Systems is a principal manufacturer of KVM solutions for out-of-band server management and distribution systems for Digital Signage. Synonymous with both innovative know-how and commitment to partnerships, Minicom is leading the development of internet-based centralized KVM access technologies and multi-media distribution systems. Founded in 1987 and based in Jerusalem, Israel, Minicom has a global presence in over 50 countries, with regional headquarters in North America and Europe. In 2005, Minicom acquired Replicom Ltd, a leading developer of remote KVM systems, which operates today as Minicom’s R&D center for IP technology.
For more information about Minicom, visit www.minicom.com or contact:
Sam Green
Marketing Communications Manager
sam.green@minicom.com
Tel: +972-2-5359-635
Fax: +972-2-5359-693
www.minicom.com
###
Contact
Minicom Advanced Systems
Sidra Muoio
+972-2-535-9666
www.minicom.com
Sidra Muoio
+972-2-535-9666
www.minicom.com
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