DGB Microsystems gets $8.5-m investment

BANGALORE: DGB Microsystems, mobile device design and manufacturing company has secured strategic financing of $8.5 million from SIDBI Venture Capital Ltd. (SVCL), an India-based SME Venture Fund and Clearstone Venture - an early stage venture capital fund with successes such as Pay Pal and Overture.

"With a vision to be amongst the leading handset solution providers in target markets, DGB will provide feature-rich and high-quality products at extremely competitive prices, customized for its target markets and business segments," said Suresh Dholakia, CEO and president, DGB. "To realize its vision, DGB is developing its own Mobile Platform Solutions (MPS) which includes its SOC and handset software framework for its 2G and 3G products. The MPS is indigenously designed and developed providing DGB with the vital strategic edge for customizing the end products for target markets," he added.

DGB will cater to the target markets with 'value for money' product solutions, starting from entry-level basic mono GSM and CDMA phones to advanced 3G handsets that are localized and specifically customized for regional requirements. The various customizations include: content modification, user interface customization, language localization and several embedded applications for multiple regions and market segments.

© CyberMedia News