Frontier gets £16m boost

Frontier Silicon’s CEO, Anthony Sethill, said: “This investment is a confirmation of our strategy and a show of confidence from both new and existing shareholders in the continued growth of the markets we address. Our multi standard approach to mobile tv, with its flexible software defined radio architecture, is being seen by the industry as the only cost effective solution to the increasingly fragmenting market. We are also very confident about our new WiFi radio solution which is helping to create a new segment in the digital audio market; one that is predicted to boom over the coming few years.” Tom Watanabe, general manager of Mitsui Private Equity said, “We are delighted to be investing in Frontier Silicon at this exciting time in the company’s development. In addition to helping accelerate Frontier’s product roadmap in the mobile TV space, Mitsui & Co will bring added benefits to the business through its position as one of Japan’s leading conglomerates.”