Upload
sckipio
View
18
Download
1
Embed Size (px)
Citation preview
G.FAST’S 1GBPS BROADBAND QUICKLY BECOMING A REALITY
SCKIPIO TECHNOLOGIES COMPLETES $10M INVESTMENT
ROUND TO CREATE G.FAST MODEM CHIPS
Tel Aviv, Israel – December 10, 2013 − Sckipio Technologies today announced completion of a
$10M investment from four venture funds − Gemini Israel Ventures, Genesis Partners, Amiti Capital,
and Aviv Ventures − to build ultra-high speed G.fast broadband modem semiconductors. These
leading U.S. and Israeli investors are betting that Sckipio will become the leading chip company to
enable G.fast – the new 1Gbps broadband standard soon to be announced by the ITU. Sckipio is
actively working with multiple tier-1 telcos globally to address the pent-up demand for affordable
ultra-fast broadband using G.fast.
“Sckipio is poised to be the leader in G.fast,” said David Baum, co-founder and CEO of Sckipio
Technologies. “The standard is now ready and so are we. We’ve got a complete team with the
relevant expertise in G.fast and the capital needed to deliver the right G.fast solutions quickly.”
Sckipio brings a deep understanding of the new ITU recommendation. As an active member of the
G.fast ITU study group, Sckipio provided over 20% of all the contributions to the G.fast
recommendation.
“G.fast is the best hope for telcos to affordably deliver 1Gbps to consumers,” said Oliver Johnson,
CEO of Point Topic, a leading broadband market research firm. “We expect G.fast to be broadly
deployed quickly because telcos need an effective alternative to cable and G.fast appears to have
everything these telcos need to succeed.”
G.fast provides several key advantages over existing broadband technologies. The standard:
– Provides up to 1 Gbps of broadband access over existing phone lines for up to 250 meters
– Lowers the cost to deploy fiber-like speeds by as much as 90%
– Speeds up Telco take rates by eliminating home installations and installer-induced delays
– Simplifies deployments by using remote power feed, which eliminates complex permissions
to power FTTdp field units
– Delivers Telcos 3-4x faster ROI when delivering next-generation broadband solutions
– Consumes comparatively little power, making it both green and low-cost to deploy
– Provides flexible upstream/downstream partitioning of available bandwidth allowing support
for new and advanced broadband services
“We expect G.fast-based solutions to ship in 2014,” said Baum.
About Sckipio
Sckipio is the leader in G.fast modems and is dedicated to delivering ultra-broadband using next-
generation G.fast-based Fiber-to-the-distribution point (FTTdp) architectures. Sckipio offers a
complete G.fast solution – chipsets bundled with software – for a variety of access and mobile
backhaul applications based on the ITU G.fast G.9700 and G.9701 standards, to which Sckipio is a
leading contributor. Founded by a veteran team of communications experts with deep experience in
broadband access and home networking solutions, and backed by leading venture capitalists,
Sckipio is well positioned to win the market for the next-generation of broadband access solutions.
For more information about Sckipio, visit our website at www.sckipio.com. For more information,
follow us on LinkedIn and Twitter @SckipioTech.
###
Media Contacts:
Rainier Communications
Karen Quatromoni
508-475-0025 x150