Conemtech is a Swedish fabless semiconductor company created in 2009 by a management buy out of selected assets of the Swedish company, Imsys AB. (Imsys AB was founded in 1992). The company has focused on products based on the IEEE 1588 version 2 standard. The name, Conemtech, is a blend of the words "Connected embedded technology". Conemtech's first major order was announced on January 31, 2011 for use in mobile phone network base stations for a major Chinese carrier. A much larger 2nd order to the same client was announced in February 2013.
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