• Text size
  • Send this article to a friend
  • Print this article

Souter and Farmer invest in Elonics

Kwik-Fit founder Sir Tom Farmer and Stagecoach chief executive Brian Souter have pumped �a significant amount� of cash into a £2m funding round for Elonics, a semiconductor design firm based in Livingston, to develop a new microchip for mobile TV.

Custom byline text: 
MARK SMITH, Deputy Business Editor

Kwik-Fit founder Sir Tom Farmer and Stagecoach chief executive Brian Souter have pumped "a significant amount" of cash into a £2m funding round for Elonics, a semiconductor design firm based in Livingston, to develop a new microchip for mobile TV.