Chipidea acquires TransDimension USB IP Core Assets

Update: MIPS Technologies Acquires Chipidea (August 27, 2007)

Nomvember 3, 2005 -- Chipidea, the leading analog and mixed-signal Semiconductor Intellectual Property (IP) solutions provider, today announced the acquisition of the industry leading High-Speed USB IP controllers, from the wholly-owned TransDimension NH LLC subsidiary of Oxford Semiconductor, Inc. The move completes Chipidea’s portfolio to provide the industry’s leading High Speed USB and On-The-Go USB IP solutions.

This acquisition strengthens Chipidea’s market position as a single source for all complete High-speed USB IP solutions in the world’s leading foundries and across all process geometries from 0.18um down to 65nm.

Jose E. Franca, Chipidea President and CEO commented, "Considering the market leadership of our PHYs, this acquisition will consolidate our position as a leading provider of seamless, ready-to-use PHY + Controller solutions to our customers. The vertical integration of technology in the USB space is a natural step to respond to market demand for user friendly, cost effective full USB transceiver solutions backed by strong, round-the-clock customer support and significant embedded applications experience."

“This acquisition leverages our extensive working relationship with TDI in the integration of our flagship USB PHYs with the industry’s leading USB link controller to facilitate market adoption of USB connectivity solutions in embedded SoC applications” said Miguel Sampaio, Chipidea’s VP of IP Connectivity Solutions. “It will bring significant added-value to our customers worldwide, from the definition of customer-specific USB solutions to the successful product integration and USB certification.” “And it will enable a faster expansion of our portfolio to support other complete connectivity IP platforms.”

“We’re proud of TDI’s long term partnership with Chipidea. As now part of Oxford, we plan to continue the relationship through our mutual promotion of enabling USB software solutions,” said Rick Goerner, Senior Vice President of Sales and Marketing for Oxford. "The acquisition leverages Chipidea aggressive strategy in the IP field and allows Oxford to focus on semiconductors and software for USB connectivity solutions."

About Chipidea:
Chipidea is the world’s number one analog/mixed-signal merchant technology supplier targeting fast-growing market segments like wireless communications, digital media and consumer electronics. Chipidea supports blue-chip customers across the globe, has an impeccable reputation for delivering high-quality products and is known for its reliable execution. Chipidea licenses its technology to leading companies in these and other key markets, delivering everything from precision single-function blocks to full analog sub-systems. Chipidea employs 200 people in its research and development, and sales and marketing offices across Europe, Asia and North America.
For more information, please visit: www.chipidea.com