DiBcom, a fabless semiconductor company specialized in chipsets for the reception of Digital Terrestrial Television (DTT) in portable and mobile environments, is keen to announce the closing of its third round of financing for a total amount of 10.7 million euros.

Six international investors are participating in the new capital increase: Convergent Technologies, Crédit Lyonnais Private Equity, Infineon Ventures, Motorola Ventures, Société Générale Asset Management and Vertex Venture Capital – Israel.

This new capital increase will allow DiBcom to finance its growth in 2004 and 2005 and generate important Research and Development investments. For this transaction, DiBcom was advised by Clipperton Finance, a corporate finance boutique focused on the high tech and media sectors.

DiBcom is at the heart of mobile TV. As a French fabless semiconductor company that designs highperformance chipsets, DiBcom enables low-power mobile and portable TV reception and at speeds up to 130 mph. The company’s solutions are used in automotive, PC/peripheral and handheld device applications.