|
|
|
|
|
AMD, Broadcom Ink Digital TV Business Pact
By
ChannelTimes Staff
Mumbai, Aug 26, 2008 1240 hrs IST
Broadcom Corporation, a global player in semiconductors for wired and wireless communications, and AMD recently entered into a definitive agreement for Broadcom to acquire AMD's digital TV (DTV) business.
The acquisition is expected to enable Broadcom to scale its DTV business, and, in conjunction with its existing products, to offer a complete product line that covers all segments of the DTV market ranging from low-end value and mid-range quality to high-end interactive platforms and panel processors.
AMD's DTV product line includes all Xilleon integrated DTV processors and complete turnkey reference designs, as well as NXT receiver ICs, the Theater 300 DTV processor, and a line of panel processors that perform advanced motion compensation, frame rate conversion and scaling.
According to Dirk Meyer, president and chief executive officer of AMD, the transaction is part of AMD's plan to transform the company into a leaner and more focused entity to deliver sustainable profitability.
The sale of our DTV business will help us to strengthen our balance sheet, lower our breakeven point, and hone our focus to take full advantage of our position as a leader in both microprocessors and graphics technology," Meyer said, adding, "Broadcom will be a great fit for our talented DTV employees and the DTV products they have created."
Daniel Marotta, senior vice president & general manager of Broadcom's Broadband Communications Group, said, "We believe our combined DTV team will be in an excellent position to grow and thrive in this burgeoning market by bringing best-in-class people, technology, solutions and support to our customers."
The acquisition will also help Broadcom to expand its existing tier one customer base, which includes the top DTV brands worldwide. This deal aims to enhance Broadcom's DTV system solution offerings.
|
Disclaimer |
ITNation
(India) Pvt. Limited and its sites:
www.channeltimes.com, www.techtree.com
and www.cxotoday.com provide
Comments and discussion boards as a professional medium
for the various businesses of the IT industry to discuss
business problems. Gossip, personal attacks and unsubstantiated
charges are prohibited. Messages posted on this Web site
as discussion threads or Comments (Content) are solely the
opinions of their creators and do not necessarily reflect
the opinions of ITNation (India) Pvt. Limited or its sites
www.channeltimes.com, www.techtree.com
and www.cxotoday.com.
All individuals who post material to this web site are solely
responsible for all Content that they upload, post or otherwise
transmit via the Web Site. |
| ITNation
cannot vouch for the authenticity of the user or company
names or e-mail addresses associated with posted messages.
Under no circumstances will ITNation
India Pvt.Ltd. or ChannelTimes
be liable in any way for any Content, including, but not
limited to, for any errors or omissions in any Content,
or for any loss or damage of any kind incurred as a result
of the use of any Content posted or otherwise transmitted
via the Bulletin Boards. |
| ITNation
reserves the exclusive right to edit or remove messages
containing inappropriate language or other material that
could be construed as libelous, potentially libelous, or
otherwise offensive or inappropriate. Discussion forums,
bulletin boards and chat facilities are provided by ITNation
solely for the convenience of those who make use of the
service. ITNation does not endorse the products and services
or other offerings mentioned in messages. |
|
|
|
|
|
