Minicom secures investment from Intel Capital
Funds will expand product range, strengthen sales effort of Israeli company
According to a Wednesday press release, Minicom Advanced Systems Ltd., developer and manufacturer of digital and analog solutions for KVM (keyboard, video, mouse) server management, announced that it has received an investment from Intel Capital. Details of the deal were not disclosed.
Minicom Advanced Systems, based and founded in Jerusalem, is a leader in the development of internet-based centralized KVM access technologies and multi-media distribution systems.
Minicom products feature out-of-band access to servers, enabling system administrators to maintain vital control when system problems arise.
The company is also a leading expert in the development of audio/video (AV), and serial distribution systems, which are essential for cost-effective installation and maintenance of in-store advertising and public display networks for the growing Digital Signage market.
Minicom Advanced Systems currently has a global presence in over 50 countries, with regional headquarters in North America and Europe. In 2005, the company acquired Replicom Ltd, a leading developer of remote KVM systems, which operates today as Minicom’s R&D center for IP technology.
Intel Capital
Intel Capital, Intel’s venture capital organization, makes equity investments in innovative technology start-ups and companies worldwide.
Intel Capital invests in a broad range of companies offering hardware, software and services targeting enterprise, home, mobility, health, consumer Internet and semiconductor manufacturing.
Intel Capital’s investment allows Minicom to further expand its product range, and enhance its KVM and Digital Signage sales and customer service support centers worldwide.
“Minicom is an innovative vendor in the growing KVM market,” said Joel Fisch, investment manager with Intel Capital. "Their technology enhances manageability and remote support capabilities which have become a key component in data centers and mission critical computing environments."
“We are very excited with the investment,” said Eli Sasson, President and CEO of Minicom.
“Intel Capital is one of the most important strategic investors in the high tech industry. The investment will allow us to accelerate the development and deployment of new, innovative products for our customers.”
For more information about Minicom, visit www.minicom.com
