GreenPeak opens new office in Mumbai, India, to serve growing demand

The world leading Smart Home and Internet of Things (IoT) semiconductor company commits to Indian market to better support service providers and developers of Smart Home solutions

Utrecht, The Netherlands - 7th August, 2015 - GreenPeak Technologies, the leading low power RF-semiconductor company, today announced that, as part of its ongoing expansion into international markets and following a period of significant growth in India, it opened a new office in Mumbai. GreenPeak has established the Indian office in response to the growing demand for its innovative RF chips for the operator/service provider and Smart Home market. GreenPeak's Asia Pacific presence already includes offices in Hong Kong, Beijing, and Seoul.


The market report from Deloitte on Technology, Media & Telecommunications India Predictions, states that "India has a large base of 500 million internet capable devices and also has a large and growing market for home appliances and devices which are or could be web-enabled. Deloitte believes that India could be a test market for many relevant IoT applications."

This offers tremendous market potential for consumer electronics goods manufacturers who are developing exciting new Smart Home and electronic lifestyle solutions in a highly competitive marketplace. Because of its expertise, GreenPeak is a key partner in building those Smart Home, IoT and lifestyle solutions. GreenPeak is currently already rolling out a Senior Lifestyle System in China, which enables seniors to feel safe and live at home independently longer.

"This new office reflects GreenPeak's continued commitment to the Indian market and ensures that we have local resources in place for our planned growth over the next few years. India is a key market in our global strategy. The new India office strengthens our commitment to support our fast growing customer base in that region," says Cees Links, Founder and CEO of GreenPeak Technologies. "Having our expertise and resources locally available in India also enables us to better support our customers to leverage Smart Home, Senior and Family Lifestyle solutions and will also help the IoT to become more widespread and economical to implement."

About GreenPeak Technologies
GreenPeak Technologies is an award winning fabless semiconductor/system company and the world recognized leader in the IEEE 802.15.4 and ZigBee market with a rich offering of semiconductor products and software technologies for Smart Home data communications and the IoT.

The GreenPeak founders have significantly contributed to the invention of WiFi and are responsible for it being a commercial success used by billions of people worldwide today. GreenPeak is recognized as a leader in developing new wireless technologies for consumer electronics and Smart Home applications, demonstrating rapid growth and adoption by major customers. GreenPeak is privately funded. It is headquartered in Utrecht, The Netherlands and has offices in Belgium, China, France, India, Korea and USA.

For more information, please visit www.greenpeak.com.

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