Valens secures 'Alliance partner' status with the renowned
professional audio solutions company Sennheiser
WEDEMARK, Germany and HOD
HASHARON, Israel,
Feb. 4,
2025 /PRNewswire/ -- Valens Semiconductor (NYSE: VLN)
and Sennheiser today announced that Valens' technology for the
extension of USB & Power has become an officially endorsed
extension solution for Sennheiser's TeamConnect Bar Solutions. The
endorsement makes Valens an official alliance partner for
Sennheiser, solidifying Valens' position as a key enabler of the
most advanced video conferencing systems on the market.
The release of the TeamConnect Bar Solutions marked
Sennheiser's entry into the all-in-one unified communications
AV bar market. Since then, the devices have enjoyed significant
popularity across corporate and education environments and have
been certified for Microsoft Teams.
The TeamConnect Bars can be extended by Valens technology,
giving users the freedom to place their TeamConnect devices
anywhere in the room, without the need to maintain proximity to a
power outlet. The extension, based on the Valens VA6000 chipset,
enables high-speed USB connections of up to 100m/328ft., while supplying power over a single,
standard Category cable.
"We are thrilled to partner with Valens Semiconductor on this
extension solution, which allows our customers to streamline their
TeamConnect Bar installations," said Christoph Haertwig, Manager,
Strategic Alliances Sennheiser. "We've deployed to market what we
feel are the most feature-rich all-in-one devices in their class,
and we've now given our customers the opportunity to reliably and
flexibly deploy it anywhere in the room."
"This endorsement from a market leader confirms the significant
value our chipsets bring to the video conferencing market," said
Gili Friedman, Head of the
Cross-Industry Business Unit at Valens Semiconductor. "Cameras are
proliferating in conference rooms of all sizes, and we have the
best technology to extend them. In the era of hybrid learning and
hybrid work, Valens is positioned to enable the most advanced video
conferencing systems the market has to offer."
Sennheiser's TeamConnect Bars, extended by Valens technology,
will be on display in Barcelona at
ISE from Feb. 4-7, at
the HDBaseT Alliance booth #2M500.
About the Sennheiser brand
We live and breathe audio. We are driven by the passion to
create audio solutions that make a difference. Building the future
of audio and bringing remarkable sound experiences to our customers
– this is what the Sennheiser brand has represented for more than
75 years. While professional audio solutions such as microphones,
meeting solutions, streaming technologies and monitoring systems
are part of the business of Sennheiser electronic GmbH & Co.
KG, the business with consumer devices such as headphones,
soundbars and speech-enhanced hearables is operated by Sonova
Holding AG under the license of Sennheiser.
www.sennheiser.com
www.sennheiser-hearing.com
About Valens Semiconductor
Valens Semiconductor (NYSE: VLN) is a leader in high-performance
connectivity, enabling customers to transform the digital
experiences of people worldwide. Valens' chipsets are integrated
into countless devices from leading customers, powering
state-of-the-art audio-video installations, next-generation
videoconferencing, and enabling the evolution of ADAS and
autonomous driving. Pushing the boundaries of connectivity, Valens
sets the standard everywhere it operates, and its technology forms
the basis for the leading industry standards such as
HDBaseT® and MIPI A-PHY. For more information,
visit https://www.valens.com/.
Forward-Looking Statements
This press release includes "forward-looking statements" within
the meaning of the "safe harbor" provisions of the United States
Private Securities Litigation Reform Act of 1995. Forward-looking
statements may be identified by the use of words such as
"estimate," "plan," "project," "forecast," "intend," "will,"
"expect," "anticipate," "believe," "seek," "target" or other
similar expressions that predict or indicate future events or
trends or that are not statements of historical matters. These
forward-looking statements include, but are not limited to,
statements regarding our financial goals for 2029 and potential
acquisition opportunities. These statements are based on various
assumptions, whether or not identified in this press release, and
on the current expectations of Valens Semiconductor's ("Valens")
management and are not predictions of actual performance. These
forward-looking statements are provided for illustrative purposes
only and are not intended to serve as and must not be relied on by
any investor as a guarantee, an assurance, a prediction or a
definitive statement of fact or probability. Actual events and
circumstances are difficult or impossible to predict and will
differ from assumptions. Many actual events and circumstances are
beyond the control of Valens Semiconductor. These forward-looking
statements are subject to a number of risks and uncertainties,
including the cyclicality of the semiconductor industry; the effect
of inflation and a rising interest rate environment on our
customers and industry; the ability of our customers to absorb
inventory; competition in the semiconductor industry, and the
failure to introduce new technologies and products in a timely
manner to compete successfully against competitors; if Valens fails
to adjust its supply chain volume due to changing market conditions
or fails to estimate its customers' demand; disruptions in
relationships with any one of Valens' key customers; any difficulty
selling Valens' products if customers do not design its products
into their product offerings; Valens' dependence on winning
selection processes; even if Valens succeeds in winning selection
processes for its products, Valens may not generate timely or
sufficient net sales or margins from those wins; sustained yield
problems or other delays or quality events in the manufacturing
process of products; our ability to effectively manage, invest in,
grow, and retain our sales force, research and development
capabilities, marketing team and other key personnel; our ability
to timely adjust product prices to customers following price
increase by the supply chain; our ability to adjust our inventory
level due to reduction in demand due to inventory buffers accrued
by customers; our expectations regarding the outcome of any future
litigation in which we are named as a party; our ability to
adequately protect and defend our intellectual property and other
proprietary rights; our ability to successfully integrate or
otherwise achieve anticipated benefits from acquired businesses;
the market price and trading volume of the Valens ordinary shares
may be volatile and could decline significantly; political,
economic, governmental and tax consequences associated with our
incorporation and location in Israel; and those factors discussed in Valens'
Form 20-F filed with the SEC on February 28,
2024 under the heading "Risk Factors," and other documents
of Valens filed, or to be filed, with the SEC. If any of these
risks materialize or our assumptions prove incorrect, actual
results could differ materially from the results implied by these
forward-looking statements. There may be additional risks that
Valens does not presently know or that Valens currently believes
are immaterial that could also cause actual results to differ from
those contained in the forward-looking statements. In addition,
forward-looking statements reflect Valens' expectations, plans or
forecasts of future events and views as of the date of this press
release. Valens anticipates that subsequent events and developments
may cause Valens' assessments to change. However, while Valens may
elect to update these forward-looking statements at some point in
the future, Valens specifically disclaims any obligation to do so.
These forward-looking statements should not be relied upon as
representing Valens' assessment as of any date subsequent to the
date of this press release. Accordingly, undue reliance should not
be placed upon the forward-looking statements.
Press Contacts
Yoni Dayan
Head of Communications
Valens Semiconductor Ltd.
Yoni.dayan@valens.com
Jeff Horan
+1 860-598-7539
jeffrey.horan@sennheiser.com
Investor Contacts:
Michal Ben Ari
Investor Relations Manager
Valens Semiconductor Ltd.
Michal.Benari@valens.com
Miri Segal
MS-IR
msegal@ms-ir.com
Logo -
https://mma.prnewswire.com/media/2610983/Valens_Sennheiser_Logo.jpg
View original
content:https://www.prnewswire.com/news-releases/sennheiser-endorses-valens-semiconductor-extension-technology-for-teamconnect-bar-solutions-302367157.html
SOURCE Valens Semiconductor
