Yozma, joined by Infineon’s Venture Arm (formerly Siemens Semiconductor Group), Completes the First Pre-Establishment Investment of Yozma III
Saturday, May 26, 2001
 
The Yozma Group led a $5.2 million investment round in HyWire, a fabless manufacturer of components that are used as search and classification engines in High-End Routers (for the internet backbone) and LAN Switches (for connecting computers inside the enterprise).
HyWire is headed by Mr. Moshe Stark, who possesses 25 years of operating experience with multinational companies including Intel Israel and MMC Networks Israel. At Intel, Mr. Stark served as head of Israeli R&D, responsible for development of Intel’s Pentium chip.

HyWire deals with the need for speed and capacity over the Internet. The demand for bandwidth is increasing exponentially mainly due to the number of users and the network applications (video, voice over IP, e-commerce and various enterprise applications). It is expected that current routers will be unable to keep up with the bandwidth demand. A market research estimates that the Internet backbone router market, which was $169 million in 1998, will increase to aproximately $5.5 billion in 2003.

Until today, building a high-end router that is capable of performing heavy-duty tasks was expensive and inefficient. HyWire, by a combination of unique system architecture, chip design and special algorithms, has demonstrated a capability for performing high-end routing using several proprietary ASICs. HyWire’s solution provides savings in power consumption and performance in an order of magnitude above that of existing architectures.

In a recent press release, Infineon announced the formation of a strategic relationship with HyWire. Vice president of business development for Infineon’s Communications Business Group, Mark Tyndall, said: “HyWire’s search and classification engines are a breakthrough technology destined to change the face of switching and routing as we know it. The technology, best suited for large-scale carrier backbone applications, takes the route lookup process to a whole new level with major advances in router speed, efficiency and cost". "Adding HyWire’s technology to our innovative optical solutions…will enable Infineon to provide highly integrated, cost-effective solutions with superior performance for the high growth Multi-Gigabit and Terabit networking markets" continued Tyndall.

 
 

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