Wi2Wi Receives Credit Facility from Bridge Bank

Wi2Wi Corporation, a San Jose, CA-based provider of wireless SiPs (System-in-a-Package), modules, and subsystem solutions for consumer and business embedded markets worldwide, with a focus on 802.11 (Wi-Fi), Bluetooth, and GPS, has entered into a credit facility with Bridge Bank N.A., a subsidiary of Bridge Capital Holdings (NASDAQ:BBNK).

This facility further will accelerate Wi2Wi‘s working capital cycle, support its growth and enhance its production ramp-up world-wide.
The credit facility is secured by the company’s outstanding receivables and will be reviewed for further expansion on a quarterly basis.
Wi2Wi’s clients include MID, UMPC, industrial, consumer, medical, defense, and peripheral OEMs.

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