FPGA vendor Lattice Semiconductor has signed a definitive agreement to acquire Silicon Image for $600million. Darin Billerbeck, Lattice's president and chief executive officer said the move was a transformative event for both companies. "For the first time in the semiconductor industry, a single company will combine the design flexibility and time to market benefits of FPGAs, with the highly integrated, function and cost optimisation benefits of ASSP solutions."
Silicon Image's semiconductor and IP products include wireless and wired technologies that deliver connectivity across a range of devices and the company has been involved in the development of HDMI, DVI, MHL and WirelessHD standards. It recently relaunched its SiBEAM subsidiary to focus on millimetre wave technologies for wireless communication.
Camillo Martino, Silicon Image's CEO, added: "Importantly, Lattice shares our commitment to building upon Silicon Image's rich history of standards creation and the development of new wired and wireless connectivity innovations."
Billerbeck noted: "Our respective technical capabilities, product portfolios and visions for the future are complementary. Lattice is fully committed to building upon the foundation established by Silicon Image in helping establish industry standards, investing in new technologies and driving them to market."
Author
Graham Pitcher
Source: www.newelectronics.co.uk