Microcontroller developer Cyan is the latest semiconductor start-up to float on the Alternative Investment Market (AIM) of the London Stock Exchange.
The three year old fabless chip firm originally spun out from Cambridge Consultants to use its XAP 16-bit MCU core, and it follows fellow CCL offspring CSR on to the stock market.
According to Cyan’s CEO Paul Johnson, an important technology differentiator for the firm is its integration of software tool development with its eCOG1 microprocessor design.
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| Cyan's CEO Paul Johnson |
“The flotation on AIM should provide Cyan with the opportunity to expand its product range. We believe our combination of ultra low power flexible microcontrollers and software development toolkit sets Cyan apart,” said Johnson.
Trading in Cyan shares will start on December 5.
www.cyantechnology.com