GE Ventures, Microsemi and Corning Partner to Launch Menlo Micro and Next Generation of Electronic Switching
December 06 2016 - 7:30AM
Business Wire
Menlo Micro will scale GE’s unique
Digital-Micro-Switch technology, a key part of GE’s digital
industrial strategy, enabling revolutionary solutions for multiple
industries
Today, GE Ventures announced the launch of Menlo Micro, a new
spinout from GE’s Global Research Center, which has re-invented one
of the most fundamental building blocks of electronic systems – the
electronic switch. The company’s disruptive Digital-Micro-Switch
platform is strongly positioned to enable end products serving
multiple industry verticals – including today’s mobile
communications networks to future next generation 5G mobile
networks and industrial IoT markets. Menlo Micro is also backed by
strategic investments from semiconductor solutions provider –
Microsemi Corporation (Nasdaq: MSCC), materials science powerhouse
- Corning, as well as Paladin Capital Group, who combined with GE
Ventures, are investing $18.7 million in Menlo Micro.
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The fundamental electromechanical relay hasn’t experienced
significant innovation in the past 50 years. While superior
high-power handling and electrical performance have allowed
electromechanical relays to continue to flourish in many market
segments, their limitations in size, speed, cost, and reliability
present major challenges to system designers. Menlo’s unique
approach to solving problems through advanced material science
allows it to offer unprecedented power handling (kilowatts) and
superior electrical performance in a micromechanical device with
the size, speed, cost and reliability of a solid-state device. This
enables dozens of high value applications including DC, AC and RF
products, covering such diverse markets as battery management,
home-automation, electric vehicles, medical instrumentation, and
wireless base stations.
“GE’s transformation to become the world’s premier digital
industrial company requires innovation at many levels, from
software and analytics to sensing and connecting the physical and
digital worlds,” said Risa Stack, General Manager of New Business
Creation for GE Ventures. “With the creation of Menlo Micro, and
the scale-up of the Digital-Micro-Switch technology, GE will be
able to accelerate its digital initiatives across multiple
businesses, from Healthcare to Aviation to Energy Management and
beyond.”
GE, with its broad expertise in advanced materials, MEMS
processing, and high power system design, has invested over 12
years of R&D into the Digital-Micro-Switch technology,
producing over 60 patent families, and a series of GE-qualified DMS
products. Now, Menlo Micro will focus on bringing this
revolutionary technology to the broader market, expanding
development of the technology and its reach across industries.
“Menlo Micro’s DMS technology allows us to create something
which is as close as possible to the ‘ideal switch.’ Not only has
it been proven to be reliable, with tens of thousands of units
already shipped in the field, but it truly is a scalable design
platform. This will give us the ability to address applications
from milliwatts to kilowatts, and bring disruption to many
different end markets,” said Russ Garcia, CEO of Menlo Micro. “This
is truly an exciting time, and we are excited to get this unique
technology into the hands of the world’s most creative system
designers, to see what amazing products they can create, enabling
the future power of IoT, communications and beyond.”
Menlo Micro is led by Russ Garcia, chief executive officer;
Chris Keimel, co-founder and chief technology officer; Chris
Giovanniello, co-founder and senior vice president product
development & marketing; and Jeff Baloun, senior vice president
of manufacturing operations. The company can be found online at
www.menlomicro.com and @menlomicro on Twitter.
About GE Ventures
GE Ventures identifies, scales and accelerates ideas that will
help make the world work better. Focused on the areas of software,
advanced manufacturing, energy and health care, GE Ventures
combines equity investing, new business creation, licensing and
technology transfer to deliver an innovation platform designed to
drive growth for partners and GE. For more information, visit
http://www.geventures.com, or follow on Twitter (@GE_Ventures) and
LinkedIn.
About Menlo Micro
Headquartered in Irvine, California, Menlo Micro is reimagining
one of the most fundamental building blocks of electronic systems –
the electronic switch. The company’s Digital-Micro-Switch platform
is a game changer for those who design electronic systems, serving
multiple industries including next generation 5G mobile networks,
industrial IoT markets, battery management, home-automation,
electronic vehicles and medical instrumentation. Menlo Micro is
backed by GE Ventures, with investments from Corning, Microsemi
Corporation, and Paladin Capital Group.
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version on businesswire.com: http://www.businesswire.com/news/home/20161206005721/en/
GE VenturesKristin Schwarz,
646-682-5604kristin.schwarz@ge.comorMenlo MicrosystemsChristine
Bock, 714-206-9800christine.bock@menlomicro.com
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