Toumaz Limited, a pioneer in low cost, ultra-low power wireless communications technology, has established a new fabless subsidiary, Toumaz Microsystems, which will be responsible for its growing wireless IC business. Toumaz has secured investment and support from Imagination Technologies Group plc as a strategic partner for this business. In order to strengthen the focus of both the healthcare and semiconductor divisions of Toumaz, the board of Toumaz Ltd has decided to reorganize into two d...