AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

Telsima Closes Working Capital Debt of $25 Million.

PR Newswire

| July 24, 2007 | COPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright
 
  SUNNYVALE, Calif., July 24 /Xinhua-PRNewswire/ -- 
 
  -- Will meet the working capital requirements for supplying equipment to 
     Tier 1 customers by Tier I contract manufacturers 
  -- Financing comes from SVB Silicon Valley Bank 
  -- Debt Limited to $25M 
 
 

Telsima Corporation, a leading developer and provider of WiMAX based Broadband Wireless Access (BWA) and Mobility solutions, today announced that it has secured up to $25 million working capital debt financing. SVB Silicon Valley Bank, based in Santa Clara, Calif., provided the debt facility. Telsima will deploy this working capital debt to speed up the supply of Telsima StarMAX family of products to its customers through enhanced performance and increased generating capacity.

Telsima won multiple, multi-million dollar contracts from Tier I operators in 2007 for…

Related articles from newspapers, magazines, journals, and more
SILICON VALLEY BANK OPENS SUBSIDIARY IN BANGALORE.
News wire article from: Asia Africa Intelligence Wire September 16, 2004 700+ words
...PRNewswire-AsiaNet - The Silicon Valley Bank, the primary subsidiary of...the two tech centers. The Silicon Valley Bank also announced the opening...release at www.svb.com). Silicon Valley Bank has been calling on international...
DragonVenture, Silicon Valley Bank Form Strategic Alliance to Provide Banking...
Press release article from: PR Newswire September 18, 2001 700+ words
...strategic partnership with Silicon Valley Bank (Nasdaq: SIVB), a leading...Bancshares. The agreement calls for Silicon Valley Bank to provide specialized banking...to open U.S. accounts. Silicon Valley Bank has established a national...
Name describes the deal for Silicon Valley Bank.
Magazine article from: Orange County Business Journal Cox, Tony September 17, 1990 700+ words
...Name describes the deal for Silicon Valley Bank NEWPORT BEACH - Santa Clara-based Silicon Valley Bank just completed its high-tech...technology firms. Last week, Silicon Valley Bank opened a regional office in...
Silicon Valley Bank to Host Northern California's Showcase: Fifth Forum for...
Press release article from: PR Newswire November 6, 2002 700+ words
...around the Bay will compete at Silicon Valley Bank's fifth Showcase event for...Partners, a subsidiary of Silicon Valley Bank, and Dr. Ian P Sobieski...Godward LLP, and TRINET. Silicon Valley Bank's first Showcase event debuted...
Business Banking: A Global Concierge From Silicon Valley: Silicon Valley Bank...
News wire article from: Banking Wire Krebsbach, Karen November 15, 2004 700+ words
Silicon Valley Bank's opening of two units in London...capital funds. The 11-year old Silicon Valley Bank, a $4.7 billion-asset firm...to more business for the bank." Silicon Valley Bank, long an incubator of venture...
Silicon Valley Bank Is Named Ex-Im Bank's Small Business Bank of The Year.
Press release article from: PR Newswire April 13, 2005 700+ words
...April 13 /PRNewswire/ -- Silicon Valley Bank, headquartered in Santa Clara...Ex-Im Bank's products, Silicon Valley Bank utilized nearly $100 million...year 2004. For this period, Silicon Valley Bank provided 35 Ex-Im Bank...
Silicon Valley Bank Expands Venture Capital Activities.
Press release article from: Business Wire December 12, 1994 700+ words
...WIRE)--Dec. 12, 1994--Silicon Valley Bank (NASDAQ:SVIB) Monday announced...President Don Cvietusa's staff in Silicon Valley Bank's Menlo Park office. They...Douglas L. Hamilton, who joined Silicon Valley Bank's Technology Division in...
Loans extend boundary of Silicon Valley - to Chicago. (Silicon Valley Bank;...
Magazine article from: San Francisco Business Times Calvey, Mark January 24, 1997 700+ words
Silicon Valley Bank is taking its successful strategy...when one thinks of high-tech, Silicon Valley Bank sees the region as fertile ground...The company recently moved to Silicon Valley Bank because of its willingness to bank...
Silicon Valley Bank Announces Board and Executive Management Changes.
Press release article from: PR Newswire May 20, 1999 700+ words
...Company"), parent company of Silicon Valley Bank (Nasdaq: SIVB) (the "Bank...Wilcox was named President of Silicon Valley Bank and Chief Operating Officer...Silicon Valley Bancshares and Silicon Valley Bank, and Christopher T. Lutes...
Silicon Valley financier adjusts to slower pace in Waimanalo.(John...
Magazine article from: Pacific Business News Sing, Terrence April 20, 2001 700+ words
...officer of the $5.5 billion Silicon Valley Bank, plans to reflect on the next...During his tenure at the helm of Silicon Valley Bank, which began in 1993 and came...state." During his tenure at Silicon Valley Bank, Dean helped finance quite...
For more facts and information, see all results

Source: HighBeam Research, Telsima Closes Working Capital Debt of $25 Million.

©2010 Gale, a part of Cengage Learning. All rights reserved. About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA

The AccessMyLibrary advertising network includes: womensforum.com GlamFamily