CopperGate Communications Named Most Promising Start-up in Israel
NEWARK, Calif. (Business Wire EON/PRWEB ) October 10, 2008 --
CopperGate
Communications, the Everywire Home Networking Company™
announced today that Calcalist, the business news arm of Yediot Group,
the leading daily newspaper publisher in Israel, ranked CopperGate the
most promising start-up in Israel. In addition, the newspaper ranked
CopperGate “one of the most successful
start-ups in the country”. The selection was
based on voting by a panel of venture capitalists and Israeli technology
industry experts.
“Being selected by fellow venture capitalists
and technology industry leaders is a testament to the strength of
CopperGate’s vision, value proposition, and
achievements,” said Shai Saul, CopperGate’s
chairman and general partner at DFJ Tamir Fishman Ventures.
“CopperGate participates in a hot new growth
area – home entertainment networking,”
noted Steve Rago, principal analyst at iSuppli. “As
telephone companies start deploying IPTV
more broadly, iSuppli forecasts the market for multimedia home
networking devices will triple in the next 18 months. CopperGate is
positioned to take advantage of that growth.”
CopperGate sales are already growing rapidly. The company supplies chips
that power AT&T’s U-verse in-home IPTV
service, and recently announced the beginning of deployments by Canada’s
second largest telco, TELUS.
As a result, CopperGate’s technology is now
the most widely deployed in-home IPTV entertainment network silicon
technology worldwide. In addition, CopperGate is successfully
penetrating China with a just-announced million-residence design win in
Shanghai with B-STAR.
About CopperGate
CopperGate Communications is the only company whose standards-based
chipsets enable carrier-class distribution of broadband digital content
over all three types of existing wires in the home: coax, phone, and
power. The company sells its technology to OEMs who build solutions for
multimedia home networking and multi-dwelling unit (MDU) broadband
access markets. CopperGate’s technology is
used in set-top boxes, residential gateways, optical network terminators
and Ethernet bridges deployed by four of the top five telcos in North
America who are deploying IPTV. Founded in 2000, CopperGate is
headquartered in Tel Aviv, Israel with offices in the United States,
Taiwan, Korea, China, and Japan. Please visit http://www.copper-gate.com.
CopperStream, CopperGate, CopperGate Communications, the Everywire
Home Networking Company and the CopperGate Emblems are trademarks or
registered trademarks of CopperGate in the U.S.A. and other countries.
All other trademarks mentioned herein are believed to be trademarks of
their respective owners.
See the original story at: http://eon.businesswire.com/releases/home_networking/most_promising/prweb1455294.htm
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