ANNUAL REPORT 2007 | 2008 - Gimv
ANNUAL REPORT 2007 | 2008 - Gimv
ANNUAL REPORT 2007 | 2008 - Gimv
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Liquavista<br />
www.liquavista.com<br />
Dutch company Liquavista, a spin-off of Philips Research Labs,<br />
has developed a revolutionary display screen technology known<br />
as electrowetting. This refl ective screen technology, whereby the<br />
screen is formed of microscopically small oil droplets in water, offers<br />
two major advantages over existing screen technologies. An<br />
electrowetting-based display consumes 90 percent less power.<br />
Screens are also very brightly coloured, making them perfectly<br />
legible also in strong sunlight. Liquavista screens are used for<br />
a wide range of mobile products, including videos, telephones,<br />
digital cameras and navigation equipment. Liquavista’s fi rst<br />
energy-saving screens will be reaching the market in mid-<strong>2008</strong>.<br />
The company has offi ces in Eindhoven, Cambridge and Hong<br />
Kong. In March <strong>2008</strong> <strong>Gimv</strong> joined Amadeus Capital Partners<br />
and New Venture Partners in a second fi nancing round totalling<br />
EUR 8 million.<br />
Mentum (ex-CTS International)<br />
www.mentum.com<br />
French company Mentum develops network planning, network<br />
implementation and optimization software for mobile network<br />
operators. The company came into being in June <strong>2007</strong> when<br />
CTS International took over Ericsson’s network planning product<br />
line. Mentum software allows mobile operators to use their existing<br />
networks more effectively and to optimally extend their networks.<br />
Mentum has offi ces in Tokyo, Hong Kong, Paris, Ottawa<br />
and Dallas and customers in more than 40 countries worldwide.<br />
The <strong>Gimv</strong> follow-on investment is part of a EUR 6.7 million third<br />
capital round.<br />
Metris<br />
www.metris.com<br />
Since being set up in 1995 as a spin-off of the Catholic University<br />
of Leuven, Metris has grown into a world player providing total<br />
3D quality control solutions for development and production<br />
departments in the automotive and aircraft industries. Metris<br />
delivers both traditional coordinates measuring equipment and<br />
innovative optical measuring systems. Metris solutions provide<br />
high-accuracy 3D measurement of complete vehicles (cars,<br />
aircraft, trains, ships) and of individual components, with which<br />
to guarantee perfect assembly. At the end of 2006 Metris was<br />
introduced onto the stock market. In <strong>2007</strong> it acquired Garda,<br />
Coord3, M-Cubed, X-Tek and the iLS (Intelligent Laser Systems)<br />
department of Virtek. <strong>Gimv</strong> granted Metris a EUR 20 million<br />
mezzanine loan with warrants to fi nance the acquisitions.<br />
Telenet<br />
www.telenet.be<br />
See page 45.<br />
VirtenSys<br />
www.virtensys.com<br />
Virtensys is a British start-up in the young and fast-growing<br />
market of input / output virtualization. Its products are fi nding<br />
their way into data centres and into storage and network<br />
infrastructure markets. Virtensys was set up in 2005 and has<br />
put together an exceptional team of experts in the fi eld of<br />
semiconductor and systems development. The head offi ce is<br />
in Manchester (UK) and the sales and marketing offi ces in the<br />
USA. <strong>Gimv</strong> invested GBP 2 million in a series B fi nancing round<br />
together with Scottish Equity Partners and Celtic House Venture<br />
Partners. The additional resources will enable the company to<br />
expand and shortly bring its fi rst products to market.<br />
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