ZiFiSense clinches deal with Japanese heavyweight
Cambridge CommsTech startup ZiFiSense has clinched a lucrative deal with Toppan Printing in Japan, which has annual sales of around $14 billion.
Toppan is to enrich its IoT products using the ZETA low power and wide area network (LPWAN) technology invented by ZiFiSense. It will pay royalty and patent fees to ZiFiSense in exchange for the right to sell and manufacture ZETA LPWAN modules in Japan. The official signing ceremony was held at the Printing Museum Tokyo.
Through this collaboration, Toppan will further optimise the ZETA module based on its extensive experience in semiconductor circuit and module design, aiming to develop smaller and lighter ZETA sensors.
The new ZETA module is scheduled to be launched in April 2019 and the sales target is 500M Yen ($4.47m) by 2022.
The two parties will also seek opportunities to expand the impact of ZETA LPWAN into manufacturing, smart buildings, public infrastructure, wearables and retail markets in Japan and beyond.
Founded in 1900, Toppan Printing Co., Ltd is the world’s leading printing group and primary supplier of Photomask for the semiconductor industry and is headquartered in Tokyo.
The group has grown beyond its traditional printing business and now offers a broad range of products and services in the Information & Communication, Living & Industry, and electronics segments.