Sennheiser Endorses Valens Semiconductor Extension Technology for TeamConnect Bar Solutions
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.
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
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SOURCE Valens Semiconductor