Infinity/CSVC Sells Equity Interest in WLCSP to OmniVision as Part of a $22 Million Financing Round.

Business Wire | May 10, 2007 | Copyright

Infinity Announces Second Exit in China

TEL AVIV, Israel -- The Infinity Fund announced today that Infinity/CSVC, the joint fund of Infinity, Clal Industries and Investments Ltd. and Infinity's Chinese partner CSVC, has sold equity interest in WLCSP to OmniVision (NASDAQ:OVTI) as part of a $22 million financing round for WLCSP. This sale marks the second exit by Infinity in China. The first exit was in 2005, when the Chinese company Johnson Electric purchased 51 of NanoMotion, another Infinity portfolio company that licensed its technology for development and ...

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