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Siimpel Acquired By Tessera

socalTECH

Arcadia-based Siimpel , a developer of micro-electro mechanical systems (MEMS) based cameras, has been acquired by Tessera Technologies , Tessera announced Tuesday afternoon. The deal was worth $15M in cash. Siimpel was founded in 2000, and had 42 employees, as well as a stable of 65 patents and patent applications.

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Siimpel Gets New Investment

socalTECH

Arcadia-based Siimpel Corporation, a developer of micro-electrical-mechanical optical technology, announced today that it has scored another round of funding. Amount of the funding was not disclosed. Siimpel has previously raised more than $52M in funding. READ MORE>>

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Siimpel Scores Investment From Korean Firm

socalTECH

Arcadia-based Siimpel Corporation , which is developing MEMs-based components for mobile cameras, announced Monday afternoon that the firm has raised an additional round of investment from LG Innotek. The firm has raised more than $61M in venture funding since 2003, and last raised a funding round in November of 2008 lead by DOCOMO.

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Siimpel's November Haul: $8.78M

socalTECH

Arcadia-based Siimpel , a developer of micro-electro-mechanical optical technology, hauled in $8.78M in its November funding, according to figures released in this week's PricewaterhouseCoopers/NVCA MoneyTree report. Siimpel's MEMs-based products provide autofocus, and very small form factors. READ MORE>>.

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