Monday, October 17, 2011

News: eoSemi selects strategic sales partner for East Asia


eoSemi, an innovative company with a base in Rotherham, has appointed Intralink as strategic sales partner for the East Asian markets of Japan, China, Taiwan and Korea.

With a facility on the Advanced Manufacturing Park, eoSemi is developing a silicon solution that replaces quartz crystals as the way electronic devices keep time, allowing a move away from physically-vibrating devices and the associated high manufacturing cost, large size and susceptibility to shock.

eoSemi will bring a new timing device to market, based entirely on silicon circuitry, which has applications in industrial, medical and consumer microprocessor-based systems, and mobile handsets. The first products are expected to be launched next year.

Intralink creates and implements business development strategies for Japan, China, Taiwan and Korea to enable technology companies to gain entry to these markets and establish a permanent presence through a local subsidiary, acquisition or partnership.

Greg Sutch, CEO of Intralink, said: "We believe that eoSemi's unique all-silicon technology has huge market potential as it overcomes the cost and size limitations of today's timing references.

"There are substantial growth opportunities in East Asia and we look forward to working closely with eoSemi's management team to build and execute a successful strategy to deliver this exciting new technology into the hands of customers."

Steve Cliffe, VP of sales and marketing at eoSemi, added: "Intralink has more than 20 years' experience in driving business development initiatives in the East Asian markets, and their expertise is strongly endorsed by the many companies they have helped to gain access and succeed in these markets.

"With their deep knowledge of the cultural and commercial challenges in East Asia, and an ability to quickly understand complex technical issues, Intralink's contribution will be significant in the introduction and commercial success of eoSemi's all-silicon products in the region."

In 2010, the company closed a £3m funding round led by NESTA Investments and Capital-E, to add to existing investors Enterprise Ventures (EV) via its RisingStars Growth Fund II and South Yorkshire Investment Fund.

Last month, eoSemi apponted Silicon Valley company, Red Shift Sales as the manufacturer's representative for North America.

eoSemi website


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