SAN JOSE, Calif., Dec. 3, 2012 /PRNewswire/ -- Redpine Signals, Inc., a leading developer of ultra-low-power and high-performance multi-standard wireless chipsets and systems, today announced it is a recipient of the prestigious Red Herring Top 100 Global award for its technologies and innovations in wireless systems.
"Redpine has created many of the industry's first products for wireless networking and M2M markets," said Venkat Mattela, CEO of Redpine Signals. "Our focus on R&D and technology development since 2001 has seen us create highly differentiated wireless products, backed by over 45 patents awarded for our innovations in this space," he added.
Red Herring's Top 100 Global list has become a mark of distinction for identifying promising new companies and entrepreneurs. Red Herring editors were among the first to recognize that companies such as Facebook, Twitter, Google, Yahoo, Skype, Salesforce.com, YouTube, and eBay would change the way we live and work.
"Choosing the companies with the strongest potential was by no means a small feat," said Alex Vieux, publisher and CEO of Red Herring. "After rigorous contemplation and discussion, we narrowed our list down from hundreds of candidates from across Global to the Top 100 Winners. We believe Redpine Signals embodies the vision, drive and innovation that define a successful entrepreneurial venture. Redpine Signals should be proud of its accomplishment, as the competition was the strongest it has ever been."
Red Herring's editorial staff evaluated the companies on both quantitative and qualitative criteria, such as financial performance, technology innovation, management quality, strategy, and market penetration. Redpine's market strategy has complemented its technological expertise in enabling adoption of its products by over 1500 customers in the Medical, Building Automation, Smart Grid, Transportation, Industrial, and RTLS markets across the Globe.
"We are pleased with Red Herring's acknowledgement of our accomplishments," said Venkat Mattela. "It re-emphasizes our belief in our vision and our actions in pursuing it."
About Redpine Signals, Inc.
Headquartered in San Jose, California, Redpine Signals, Inc., is a fabless semiconductor and wireless system solutions company focusing on innovative, ultra-low-power and high-performance products for next-generation wireless applications. Redpine was founded in 2001 and was the first in the industry to launch an ultra low power and low-cost single-stream 802.11n chipset in late 2007. Again, in 2009 Redpine pioneered the adoption of self-contained 802.11n modules into the then emerging M2M market. Redpine offers chipsets, modules and solutions covering multiple market segments including industrial, consumer electronics, medical, mobile, PC, and smart energy. Its technology portfolio includes multi-stream 802.11n, 802.11ac, BT4.0 and mobile WiMax (802.16e). The company has more than 150 employees worldwide.
SOURCE Redpine Signals, Inc.