ASOCS, Ltd., a Park Afek, Rosh Haayin, Israel-based developer of wireless MultiComms(TM) processors and system solutions for handheld devices, has concluded a new round of equity financing of undisclosed amount.
The investment was led by Forum International Equity Fund, with participation from existing investors.
Founded in 2003, ASOCS develops and markets MultiComms processors designed to enable connectivity over diverse air interface networks. the company has partnered with chip makers, as well as hardware, software and module developers to provide mobile consumer electronics vendors with a complete MultiComms SoC solution.
The new partnership will allow ASOCS to enter into new markets, primarily in Asia pacific.