Welcome, Guest. Please login or register.

Author Topic: Tao Group is ready to storm the market.  (Read 3465 times)

Description:

0 Members and 1 Guest are viewing this topic.

Offline asian1Topic starter

  • Hero Member
  • *****
  • Join Date: Feb 2002
  • Posts: 1359
    • Show all replies
Tao Group is ready to storm the market.
« on: May 27, 2005, 06:50:16 AM »
The numbers show that this is Tao’s moment. For the first 14 years of its existence, the company licensed 2 million devices carrying its software. In the last year, Tao has inked deals for 10 million more units. The company has 20 customers that license Tao’s software and pay royalties for each product made. The customers include several household names like Philips, Sony, Sharp, Panasonic, and NEC. Tao will break even this year if it can generate more than €7.7 million in revenue—a goal that Mr. Charig believes the company can meet.

http://www.redherring.com/Article.aspx?a=11918&hed=RH-100+Europe%3A+Tao's+Turn§or=Regions&subsector=Europe