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Asetek Accepts Second Venture Capital Funding

Friday, September 26, 2008 5:58:00 AM PDT | VentureDeal Staff

San Jose, California -- Electronics company Asetek announced that it has secured $16 million in its series B investment round.

Asetek sells vapor phase, liquid cooling and vapor chamber solutions to original equipment manufacturers in the PC industry.

D. E. Shaw Group led the investment round. The company said it would use the capital to enhance its sales, marketing and technical resources.

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