Arcos Technologies Ltd

www.arcostech.com

Now ATX Networks

High-Tech Company

Acquired by ATX Networks Inc.

Graduated from: Xenia Venture Capital Ltd.

TECH VERTICALS

Broadcasting, Home Networking, Image & Audio

General Data

Sector	Semiconductors
Company Stage:	Initial Revenues
Established	2002
Number of Employees	21

DESCRIPTION

Arcos is a developer and provider of a System on Chip (SoC) transmission platform, which enables cost performance digital multimedia broadcasting, specializing in real-time video and networking. The company's system is a generic platform designed for mass-market deployment, which enables optimal processing and broadcasting (at DVB/ATSC compliant protocol) of any real-time input, including IP stream and off-line media. Using a unique doctrine of consolidated multi-sources and functions, Arcos system allows an efficient means of signal processing for various streaming applications.

TECHNOLOGY

Home Networking, Video Processors

The company owns Video Streaming and advanced Network Management core technologies and IP supporting DMR (Digital Media Rights) that enabled it to develop platform for the DVB (Digital Video Broadcast), digital content distribution and networking over the home coax infrastructure. Our initiative was to utilize the tens of Millions of digital STB (Set Top Boxes) that are already installed and are not fully exploited. The broadcasting standards that Arcos operates with comply with all existing networks including DVB-S/C/T. In the near future, as the next stage on our Road Map, we are about to apply the core technology as an ASIC.

ESTIMATED ANNUAL SALES

	TARGET MARKETS
	Manufacturers of residential gateways and set-top boxes, Manufacturers of broadcasting equipment, Campuses, Residential Buildings.

	BUSINESS MODEL
	B2B

REMARKS

Date	Remark
	Entered the incubator in 2005.

CONTACT INFO

Expand / Collapse All

Main Address: Petach Tikva, Israel

Address	26 Hasivim st
POB	7041
City	Petach Tikva
Country	Israel
Zip	49517

Contact Person	abC Defghij
Contact E-Mail	abC Defghij
Company E-mail	abC Defghij
Telephone	abC Defghij
Fax	abC Defghij

	MANAGEMENT

Key Executive

Name	Title	Previous Position
Mr. Avi Eliyahu	Co-Founder	TVGate (Senior Development Manager)
Mr. Yossi Korakin	Co-Founder	Thomson Israel (General Manager, Israel)
Mr. Gil Shavit	Co-Founder	TadSec (CEO)
Mr. Effi Shuv	Co-Founder	Best TV (EVP, Technology & Product Marketing)
Mr. Yariv Reches	Co-Founder	ATX Networks (General Manager)

	BOARD

Board

Member	Title	Affiliation
abC Defghij	Board Member	Managing Partner, Xenia
abC Defghij	Board Member	CTO & Co-Founder, Arcos

Mergers & Acquisitions

Round

Date

Stage

Amount

Valuation

Acquired

Feb. 01, 2012

abCDe

ATX will pay $12.5m when the deal is signed, of which $1.15m will be in escrow for 18 months. It will pay an additional $13.5m from royalties on Arcos sales, if any, over three years from the signing of the agreement, including up to $2.5m in royalties from sales in 2012 of Arcos's current product, and up to $11m from royalties on sales of the company's new products in 2012-14. Arcos will also distribute a $0.45m dividend when the sale is closed.

* New investor

Investor	Type	Amount	Remarks
abC Defghij*	High-Tech Company	abCDe

	FINANCIAL ROUNDS

Total Capital Raised
abCDe

Financial Rounds

Numbers of Investors

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Round

Date

Stage

Amount

Valuation

Second Round

Dec. 26, 2010

Initial Revenues

abCDe

First Round

Jun. 05, 2007

Initial Revenues

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Private Investor	abCDe
abC Defghij	Services	abCDe	Led the round

Seed

Jan. 30, 2005

Seed

abCDe

	R&D Grants

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Round

Date

Stage

Amount

Remarks

R&D Grant

Jan. 30, 2005

abCDe

* New investor

Investor	Type	Amount	Remarks
abC Defghij	Government Agency	abCDe	R&D grant ($0.4m)

Last Updated:	abCDe
IVC Number:	abCDe