November 1, 2017

Silicon Valley, California

CLOP Technologies and Sivers IMA signed Memorandum of Understanding

CLOP Technologies (“CLOPTech”) and Sivers IMA are pleased to announce their newly formed partnership. CLOPTech, a Singapore company providing Gigabit wireless solutions and engaging in the Singapore Smart Nation initiative. The intention of this partnership is to provide the market with a fully integrated wireless Gigabit offering using both companies’ intellectual property. The complete solution includes Sivers IMA’s WiGig RFIC, TRX BF01 and CLOPTech’s CT6100, modem, which together will create a compliant 802.11ad (WiGig) communications module ready to use.

 

“This cooperation is certainly exciting to us, since it will definitely widen the market opportunities for Sivers IMA. CLOPTech has shown great technical capabilities. I am also impressed with their detailed understanding of the Asian market as well as their customer and partner network”, says Anders Storm, CEO of Sivers IMA.

“Sivers IMA offers world class WiGig 60 GHz radio performance, which is critical for any WiGig system. For CLOPTech, working with Sivers has many benefits and opens up market opportunities for both our companies. This partnership secures an integral component for our system offerings and puts us in an excellent position when designing our modules and solutions for our customers. We see a clear market demand with customers already lined up, ready to go to market with our integrated solution”, says Albert Chai, CEO of CLOPTech.

The design and development work is now in progress and the aim is to offer engineering samples to key customers in the beginning of 2018.

For more information:

Albert Chai, CEO of CLOPTech

Tel: +65 6909 0465

E-mail: albert.chai@cloptech.com

 

CLOP Technologies Pte Ltd is a company incorporated in 2015, Singapore, with a vision to provide world-class, compelling and affordable solutions to improve connectivity and quality of life for everyone, hence the name Connecting the Lives Of People, CLOPTech. Over this short time, CLOPTech has grown on a remarkable scale and will continue to grow and fulfill our promises to Provide Gigabit Wireless Everywhere, for Everyone. Learn more at http://www.cloptech.com.

 

Sivers IMA Holding AB is a leading and internationally renowned supplier, publicly traded under SIVE. The wholly owned subsidiaries Sivers IMA and CST Global develop, manufacture and sell cutting-edge chips, components, modules and subsystems based on proprietary advanced semiconductor technology in microwave, millimeter wave and optical semiconductors. Headquarters in Stockholm, Sweden. Learn more at http://siversima.com.