RUSNANO invests into MEMS systems

RUSNANO invests into development of electronic components that provide increased performance in computing and communications equipment. The company will be a partner of the American Enterprise SiTime Corporation which designs high-performance oscillators and clock generation chips based on MEMS resonators. The total size of the financing makes up about 22 million of dollars of which RUSNANO investment part is about 15 million of dollars. The investment means will be directed on development of the SiTime research base, geographic expansion of sales and the creation of Russia's development center. Read more.