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Intel Invests in Trillium
First Investment from Intel Communications Fund
SANTA CLARA and LOS ANGELES - September 16, 1999 - Intel Corporation and Trillium Digital Systems, Inc. today announced that Trillium has become the first company to receive an equity investment from the recently created Intel Communications Fund. Intel created the $200 million Communications Fund to invest in companies supporting Intel's key programs and initiatives in voice and data communications.
Trillium will optimize and port its communications software for telephony, the Internet, wireless and broadband networks, to Intel's recently announced network processor and the Internet Exchange (IX) Architecture. The combination of Trillium software and Intel communications silicon will allow systems developers flexibility and reduced time to market for building networking gear with "off the shelf" hardware and software building blocks. In addition, Trillium will optimize selected communications software for embedded Intel Architecture processors to deliver a broad range of network services to the Internet.
"Trillium's award-winning line of communications protocol software solutions, optimized for the IX Architecture and Intel's embedded IA processors, will make a strong combination," said Jeff Lawrence, president and CEO, Trillium Digital Systems. "We're very enthusiastic about this new relationship with Intel. Equipment manufacturers will realize significant benefits from products that have been optimized to work with Trillium and Intel products."
"The rapid growth of the Internet is fueling increased demand for new functions and features to be quickly deployed in networking equipment," said Mark Christensen, vice president and general manager, Intel Network Communications Group. "Investing in and working with companies like Trillium, that share our vision for communications, allows us to accelerate the effort to help build smarter networks."
Intel's equity investment is part of a round of private financing received by Trillium. Specific financial terms of the investment by Intel were not disclosed.
The Intel Communications Fund was designed to make minority equity investments of typically less than $10 million. The Communications Fund is managed and funded by Intel.
Intel, the world's largest chip maker, is also a leading manufacturer of computer, network and communications products. Additional information about Intel is available at http://www.intel.com/
Continuous Computing acquired the portable software business of Trillium Digital Systems from Intel Corporation in February 2003.
About Continuous Computing
Continuous Computing provides integrated systems and services that enable telecom equipment manufacturers to rapidly deploy Next Generation Networks (NGN). Over 150 customers worldwide benefit from the company's unique blend of customized professional services, Trillium protocol software, AdvancedTCA and CompactPCI systems, and BladeCenter hardware. Continuous Computing helps customers reduce platform lifecycle costs, optimize data delivery, and accelerate deployments of NGN, 3G/4G Wireless, and IP Multimedia Subsystem (IMS) infrastructure. The company is ISO-9001 and CMMI certified and based in San Diego with development centers in China and India. For more information, visit www.ccpu.com.
Continuous Computing is a member of the Intel Embedded and Communications Alliance (www.intel.com/go/ica), Communications Platforms Trade Association (www.cp-ta.org), Femto Forum (www.femtoforum.org), IMS Forum (www.imsforum.org), Service Availability Forum (www.saforum.org), and the Blade.org ecosystem (www.blade.org).
Continuous Computing, the Continuous Computing logo, Create | Deploy | Converge, FlexTCA, Flex21, FlexChassis, FlexCompute, FlexCore, FlexDSP, FlexPacket, FlexStore, FlexSwitch, FlexTCA, Network Service-Ready Platform, Quick!Start, TAPA, Trillium, Trillium+plus, and the Trillium logo are trademarks or registered trademarks of Continuous Computing Corporation. Other names and brands may be claimed as the property of others.
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