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Silicon Image Completes Acquisition of Product Lines and Intellectual Property from Anchor Bay Technologies
SUNNYVALE, Calif.-- February 11, 2011 -- Silicon Image, Inc. (NASDAQ:SIMG), a leader in advanced, interoperable HD connectivity solutions for consumer electronics, today announced it has completed the acquisition of select assets from privately held, Campbell, California-based Anchor Bay Technologies, Inc. (Anchor Bay). Acquired assets include Anchor Bay's semiconductor, IP and DVDO systems products developed for the DTV and home theater markets.
The acquisition enhances Silicon Image's existing portfolio of semiconductor DTV and home theater solutions by adding complementary video processing technologies that deliver reference-quality images across a wide range of displays and sources.
"Combining Anchor Bay's video processing technologies with the Silicon Image product portfolio will strengthen our position in the DTV and home theater markets and enhance our capabilities to develop the next generation of HD connectivity products," said Tim Vehling, vice president of Silicon Image's products business group.
For more information about Silicon Image's extensive DTV and home theater solutions, visit http://www.siliconimage.com/.
About Silicon Image, Inc.
Silicon Image is a leading provider of advanced, interoperable connectivity solutions that enable the reliable distribution and presentation of high-definition (HD) content for consumer electronics, mobile, and PC markets. The company delivers its technology via semiconductor and intellectual property (IP) products that are compliant with global industry standards and also feature industry leading Silicon Image innovations such as InstaPort™. Silicon Image's products are deployed by the world's leading electronics manufacturers in devices such as desktop and notebook PCs, DTVs, Blu-Ray Disc™ players, audio-video receivers, as well as mobile phones, tablets and digital cameras. Silicon Image has driven the creation of the highly successful HDMI® and DVI™ industry standards, as well as the latest standards for mobile devices - SPMT™ (Serial Port Memory Technology) and MHL™ (Mobile High-Definition Link). Via its wholly-owned subsidiary, Simplay Labs, Silicon Image offers manufacturers comprehensive standards interoperability and compliance testing services. For more information, visit us at http://www.siliconimage.com/.
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