Press Releases

With an estimated investment of 600 thousand Euros until the end of the year, and 1.2 million Euros in 2011, this business will allow Novabase to reinforce its skills and the development of the international market.

The foundation of this company has been the recruitment of a highly specialized I&D team from Trident Microsystems, a leading company in the home market of digital entertainment and Novabase’s partner in the development of Chip-On-Board and System-in-Package.

This investment will allow Novabase to develop a greater number of opportunities and expand its international business, and for Trident Microsystems, to expand its presence through the systems developed by Novabase.

Novabase Digital TV EURL will work initially with seven professionals, aiming for twelve people until the end of 2010.

To Pedro Afonso, Novabase Executive Director “Portugal has been one of the pioneer case-studies by introducing a new offer for the Digital TV market. This operation is the result of Novabase’s strategic focus on a highly competitive and advanced technology area, targeted for big investments by the world largest
telecommunications companies in the next five years. Novabase has the ambition to be one of the world reference players in this market, evaluated already in 16 billion dollars, by about 200 million units.” he concludes.