Movea Named Finalist For 2014 Red Herring Top 100 Europe Award

RED HERRING 2014, Amsterdam – April 8, 2014 – Movea  (www.movea.com), a leader in data fusion and motion-sensing technology for consumer electronics, today announced it has been selected as one of the Red Herring Top 100 Europe finalists for 2014, honoring the year’s most promising private technology ventures from the European business region. Movea develops vital technologies that turn the sensor signals coming from smart devices, into meaningful personal information. The company’s technology enables highly accurate context awareness, while maintaining ultra-low power consumption.
 
“We are pleased to be named as a finalist for this award,” said Sam Guilaumé, CEO of Movea. “This recognition further affirms Movea as one of the important companies pushing the envelope in terms of innovation to enable smarter, context aware devices that can better understand the end user’s activity and their environment to anticipate their needs.”
 
The Red Herring editorial team selected the most innovative companies from a pool of hundreds across Europe. The nominees were evaluated on 20 main quantitative and qualitative criteria, which include disruptive impact, market footprint, proof of concept, financial performance, technology innovation, social value, quality of management, execution of strategy, and integration into their respective industries.
 
Movea is delivering on the promise of context awareness closer to consumers with its SASH-1 sensor hub evaluation kit, bringing the most relevant and useful information at the right time based on activity and context while optimizing mobile device performance.
 
To learn more about Movea, attend Sam Guilaumé’s presentation at 2014 Red Herring Europe in Amsterdam, April 7-9, where he will give a company overview as well as discuss Movea’s roadmap. You also may visit Movea at http://www.movea.com/ or follow the company on Twitter at https://twitter.com/MoveaDataFusion
 
Movea is sponsoring an industry event bringing together key players to discuss the hot topic of context awareness. The Beyond Fusion Conference will take place on June 23, 2014 in San Francisco. This one-day event will explore the future of context awareness and will address the “what and how” of bringing sophisticated and advanced context awareness to smart devices such as phones, wearables and peripheral devices.
 
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ABOUT MOVEA
Movea is the leading provider of data fusion and motion processing firmware, software, and IP for the consumer electronics industry. Thriving on its portfolio of more than 500 patents, Movea turns sensor data into meaningful personal information, decoding and analyzing sensor signals using ultra-low power, high performance algorithms and data hub technology. Our expertise enables customers and partners to unlock the 1 trillion sensors opportunity into 1 million smart applications for mobile, sports and interactive TV while reducing the risk, cost, and time-to-market for delivering compelling new features that differentiate their products and deliver more end-user value.
 
 Movea has a global presence with headquarters in Grenoble, France, subsidiaries in the U.S. in Silicon Valley, Calif., and Seoul, South Korea, as well as technology and manufacturing partners and distributors around the world. For more information visit www.movea.com or follow us on Twitter at @MoveaDataFusion.
 
ABOUT RED HERRING
During the months leading up to the announcement, hundreds of companies in the telecommunications, security, Web 2.0, software, hardware, biotech, mobile and other industries completed their submissions to qualify for the award. The Finalists are invited to present their winning strategies at the Red Herring Europe Forum in Amsterdam, April 7-9, 2014. The Top 100 winners will be announced at a special awards ceremony the evening of April 9 at the event.
 

Contact Information

Jon Diaz

Account Supervisor

Racepoint Global

(1) 4156946708

jdiaz@racepointglobal.com