DALLAS, Aug. 30, 2016 /PRNewswire/ -- Texas Instruments (TI) recently entered into an agreement with Silicon Catalyst, a Silicon Valley-based incubator, that will expand TI's access to new technology innovations and potentially lead to engagements with semiconductor startups focused on creating chips and system solutions in analog and embedded processing.
"This agreement expands TI's access to innovations in the semiconductor industry startup segment and facilitates our ability to engage with companies that are creating new technologies complementary to areas where TI is also innovating," said Ralf Muenster, Director, CTO office at TI.
"TI is eager to collaborate with startups, early stage companies and entrepreneurs working on silicon solutions. Silicon Catalyst's exclusive focus on semiconductor startups provides another great way for TI to gain unique and early access to the silicon innovation happening in the startup and entrepreneurial world," Muenster added.
"The strategic relationship with TI is both a tribute to their forward-thinking vision and a validation of our unique value proposition to both the semiconductor and startup communities," said Silicon Catalyst CEO Rick Lazansky. "This strategic relationship with Texas Instruments will afford our startup companies access to a truly world class organization. Startup companies in our industry reap tremendous benefits from deep, long-term engagement with industry leaders, like Texas Instruments, including guidance and relationships with experts."
In 2015, Silicon Catalyst received the 2015 ACE Award for Startup Company of the Year. In the past 15 months, Silicon Catalyst has screened nearly 100 startups from the U.S., Europe and Asia. The 10 startups admitted to the incubator are developing innovations in LED, energy, silicon photonics, memory technology, wireless communications and biomedical devices.
"These 10 startups are proof that the semiconductor startup ecosystem is thriving, and there is no lack of great ideas and inspiration," added Lazansky.
About Texas Instruments:
Texas Instruments Incorporated (TI) is a global semiconductor design and manufacturing company that develops analog integrated circuits and embedded processors. By employing the world's brightest minds, TI creates innovations that shape the future of technology. TI is helping more than 100,000 customers transform the future, today. Learn more at www.ti.com.
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SOURCE Silicon Catalyst