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.
NEWARK, Calif. (PRWEB) October 10, 2008
"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.
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.