DesignArt Networks
Provider for 4G Infrastructure Products
Company Overview
Snapshot
Founded in January 2006, DesignArt Networks operated with 51–200 employees. The company raised $24 million across two funding rounds from four investors. A significant milestone for the company was its acquisition by Qualcomm in August 2012.
Business overview
DesignArt Networks (DAN) developed software-defined System-on-a-Chip (SoC) platforms designed for 4G infrastructure products. These platforms offered high performance for compact base stations, Remote Radio Heads (RRH), and backhaul links, enabling rapid product design with optimized cost and power consumption. The company operated within the Industrial Technologies sector, specifically focusing on telecommunication equipment and wireless communication for mobile networks.
Strategic signal
DesignArt Networks was acquired by Qualcomm in August 2012 for $150 million. This acquisition highlighted the strategic value of DesignArt Networks' 4G infrastructure technology and its potential to enhance Qualcomm's offerings in the mobile and telecommunications markets, signaling a successful exit and validation of its technological advancements.
Log in to access full profile ›Company Intelligence Q&A
- What is DesignArt Networks' primary business?
- DesignArt Networks specializes in providing software-defined System-on-a-Chip (SoC) platforms for 4G infrastructure products, including compact base stations, Remote Radio Heads (RRH), and various backhaul solutions.
- When was DesignArt Networks founded?
- DesignArt Networks was founded in January 2006.
- What was a significant corporate event for DesignArt Networks?
- In August 2012, DesignArt Networks was acquired by Qualcomm for $150 million, highlighting the strategic value of its 4G infrastructure technology.
- How much capital did DesignArt Networks raise?
- DesignArt Networks raised a total of $24 million across two funding rounds, with investors including Magma Venture Partners.
- Which investors participated in DesignArt Networks' funding rounds?
- In April 2008, Magma Venture Partners and Motorola Solutions Venture Capital invested in DesignArt Networks. Viola Credit also participated in a funding round in December 2007.