- 10 March 2005 -

Mimix expands in Taiwan

Houston-based Mimix Broadband Inc has acquired a majority stake in Hocom Communications Inc, an inspection and packing operation based in Hsinchu, Taiwan. Mimix purchased its stake from Clarksburg, Md. Amcom Communications, according to Julie Teinert, marketing VP for Mimix.

The transaction adds three employees to Mimix' staff of 45, divided between offices in Houston and Sydney, Australia. As part of the deal, Mimix acquires access to nearly 8,000sq.ft of production floor space in Hsinchu Science-based Industrial Park, close to Mimix's wafer fabrication and other product partners helping to improve cycle time, simplify logistics and expedite customer deliveries, said Montgomery.

Kit Yong, Mimix' VP of business development, will serve as Hocom's chairman. Additional Hocom board members include: Dr Charles Lee, a Mimix board member; Montgomery; and Carl Frampton, Mimix's CFO.

Founded in 2000, Mimix is a semiconductor company specialising in wireless communications. The firm designs circuits for microwave and millimeter-wave wireless communications applications, such as cellular phone transmissions, certain broadband access and satellite communications.

It has raised $18m and is planning to expand its production activities in Taiwan.