MediaTek Announces Acquisition of Leading DSP Technology Provider Coresonic AB
TAIWAN, Hsinchu – 10 April, 2012 – MediaTek Inc., a leading fabless semiconductor company for wireless communications and digital multimedia solutions, during a meeting of its board of directors, today approved the purchase and acquisition of the Swedish company Coresonic AB, a global leader of Digital Signal Processor (DSP) technology. Following the formalization of the acquisition, Coresonic AB will become another wholly owned subsidiary of MediaTek in Europe.
Coresonic AB, founded in Sweden, has rapidly established itself as a market leader with its breakthrough DSP architecture for wireless basebands. MediaTek will use Coresonic’s DSP technology to further improve the efficiency and flexibility of its expanding product lines, strengthening MediaTek’s position as a leading provider of wireless communication and digital multimedia IC solutions. Prior to the acquisition, MediaTek has been working closely with Coresonic AB.
Johan Lodenius, CEO of Coresonic, said "We have been very successful with expanding the use of our DSP architecture in wireless communications projects world-wide. This acquisition provides strong synergies for both companies as it enables us to increase the pace of introducing new leading wireless products through MediaTek's global network."
Following the announcement of the acquisition, Ching-Jiang Hsieh, President of MediaTek said, “As a leader in digital consumer and wireless chipsets, MediaTek offers a broad range of highly competitive products. With the acquisition of Coresonic, MediaTek will significantly enhance its wireless technologies and sharpen the competitive edge of its product solutions."
About MediaTek Inc. MediaTek Inc. is a leading fabless semiconductor company for wireless communications and digital multimedia solutions. The company is a market leader and pioneer in cutting-edge SOC system solutions for wireless communications, high-definition TV, optical storage, and DVD and Blu-ray products. Founded in 1997 and listed on Taiwan Stock Exchange under the code "2454", MediaTek is headquartered in Taiwan and has sales or research subsidiaries in Mainland China, Singapore, India, U.S., Japan, Korea, Denmark, England and Dubai. For more information, please visit MediaTek’s website at www.mediatek.com.
|
Related News
- MediaTek Licenses Coresonic DSP Architecture
- VIA Announces Acquisition of Freehand DSP AB
- Alphawave IP Acquires Optical DSP Chip Developer Banias Labs, Advancing its Optical DSP Products for Data Centers
- Infineon to strengthen its leading expertise as IoT solution provider by acquiring verification expert NoBug in Romania and Serbia
- Prevas acquiring BitSim NOW AB
Breaking News
- Frontgrade Gaisler Unveils GR716B, a New Standard in Space-Grade Microcontrollers
- Blueshift Memory launches BlueFive processor, accelerating computation by up to 50 times and saving up to 65% energy
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Cadence Unveils Arm-Based System Chiplet
Most Popular
- Cadence Unveils Arm-Based System Chiplet
- CXL Fabless Startup Panmnesia Secures Over $60M in Series A Funding, Aiming to Lead the CXL Switch Silicon Chip and CXL IP
- Esperanto Technologies and NEC Cooperate on Initiative to Advance Next Generation RISC-V Chips and Software Solutions for HPC
- Eliyan Ports Industry's Highest Performing PHY to Samsung Foundry SF4X Process Node, Achieving up to 40 Gbps Bandwidth at Unprecedented Power Levels with UCIe-Compliant Chiplet Interconnect Technology
- Arteris Selected by GigaDevice for Development in Next-Generation Automotive SoC With Enhanced FuSa Standards
E-mail This Article | Printer-Friendly Page |