Siemens invests in G2 Microsystems


Oakland, CA —The intent of Siemens Venture Capital's (SVC) investment in G2 Microsystems to further the development of WiFi Active RFID (radio frequency identification) for the mobile resource management market. It will boost G2 Microsystems Inc.'s, a developer of integrated circuits, research and development efforts in the design of ultra low-power, active MRM chips for asset tracking. Terms of the funding agreement were not disclosed.

"Siemens is pleased to make this strategic investment in G2 Microsystems, and believe their technology will greatly improve the way companies globally track and monitor assets," said Todd Jaquez-Fissori, investment partner, Corporate Fund, SVC. "We think wireless, RFID and sensor technologies offer significant upside market opportunities in multiple vertical applications. By embedding G2's technology, a company can extend its product leadership and offer new services to their customers."

G2 Microsystems is developing a range of ultra low-power, active MRM chips that leverage the widely deployed Wi-Fi (IEEE 802.11) network, resulting in a low, total cost-of-ownership and minimal back-office integration. These system-on-chip solutions provide the right balance of cost, power, functionality, and size to meet the demanding asset tracking and monitoring requirements in all industries including healthcare, automotive, transportation, government, biopharmaceutical, oil, gas, and chemical.

To date, SVC has invested some€700 million in over 100 start-up companies and 30 venture capital funds mainly in the U.S., Europe, and Israel. SVC is located in Munich, Germany, in the U.S. (San Jose, CA and Boston, MA), and is active through regional units in Israel and China.

For more information visit .

—Richard Phelps, senior editor, Control Engineering


No comments
The Engineers' Choice Awards highlight some of the best new control, instrumentation and automation products as chosen by...
The System Integrator Giants program lists the top 100 system integrators among companies listed in CFE Media's Global System Integrator Database.
The Engineering Leaders Under 40 program identifies and gives recognition to young engineers who...
This eGuide illustrates solutions, applications and benefits of machine vision systems.
Learn how to increase device reliability in harsh environments and decrease unplanned system downtime.
This eGuide contains a series of articles and videos that considers theoretical and practical; immediate needs and a look into the future.
Make Big Data and Industrial Internet of Things work for you, 2017 Engineers' Choice Finalists, Avoid control design pitfalls, Managing IIoT processes
Engineering Leaders Under 40; System integration improving packaging operation; Process sensing; PID velocity; Cybersecurity and functional safety
Mobile HMI; PID tuning tips; Mechatronics; Intelligent project management; Cybersecurity in Russia; Engineering education; Road to IANA
This article collection contains several articles on the Industrial Internet of Things (IIoT) and how it is transforming manufacturing.

Find and connect with the most suitable service provider for your unique application. Start searching the Global System Integrator Database Now!

SCADA at the junction, Managing risk through maintenance, Moving at the speed of data
Flexible offshore fire protection; Big Data's impact on operations; Bridging the skills gap; Identifying security risks
The digital oilfield: Utilizing Big Data can yield big savings; Virtualization a real solution; Tracking SIS performance
click me