Percello

About Percello

Founded in 2007, Percello operated as a fabless semiconductor company headquartered in Raanana, Israel. The company specialized in designing and manufacturing highly integrated, low-cost digital baseband processor chips for the femtocell market. Femtocells are small, low-power cellular base stations designed to extend mobile network coverage indoors, particularly in residential or enterprise settings where signals are weak. Percello's system-on-a-chip (SoC) solutions were engineered to address key challenges in the femtocell industry, including cost, power consumption, integration complexity, and development time for equipment vendors.

Percello's business model was centered on providing these sophisticated SoC products to manufacturers of telecommunications equipment. The team possessed extensive knowledge in silicon design, software, and 3G/HSPA+/LTE communication systems, enabling them to deliver complex SoC products from design to mass production. The company's primary market was the emerging femtocell sector, serving equipment vendors who required advanced and flexible baseband solutions.

The company's journey includes a significant funding milestone, securing $12 million in a Series B round in September 2008 from investors such as Granite Ventures, Vertex Ventures Israel, and T Capital. This investment fueled its development and production capabilities. After three years of operation, Percello's trajectory culminated in its acquisition by Broadcom Corporation, a global leader in semiconductors for wired and wireless communications. The definitive agreement was announced in October 2010 and finalized in November 2010. Broadcom acquired Percello for approximately $86 million in cash and stock, a move intended to strengthen Broadcom's portfolio in the small cell market.