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Chips Are Down for VCs, Wall Street
Rick Merritt, EETimes
1/8/2014 07:50 PM EST
SAN JOSE, Calif. — Twitter and other web companies may be back in the financial limelight, but semiconductor startups are still in the shadows. Venture capital funding, public offerings, and acquisitions fell in the chip industry in 2013, according to a new report, and a market watcher said the situation will likely worsen.
In 2013, 32 semiconductor funding deals raised $357.8 million; the dollar amount decreased 62.9% from 2012, according to the January edition of the Global Semiconductor Alliance's GSA Market Watch (registration required). First-round financings for semiconductor startups fell 75.9% to $19.6 million.
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