SHANGHAI & SANTA CLARA, CALIF.--( / ) October 13, 2015 -- VeriSilicon Holdings Co., Ltd. and Vivante Corporation today announced a definitive merger agreement under which the companies will be combined in an all-stock transaction. The combined company, to be called VeriSilicon Holdings Co., Ltd., will offer robust IP-centric, platform-based custom silicon solutions and end-to-end semiconductor turnkey services.
Highlights of the transaction include:
· Revenue for the combined company of more than $180 million for the year ended December 31, 2014;
· Expected to be accretive to VeriSilicon’s non-GAAP earnings;
· Establishes richer IP portfolio with the addition of licensable graphic cores (GPU);
· Expands opportunities in the automotive market with established top OEM customers;
· Increases exposure and content in IoT applications, as well as mobility applications, including smartphones, tablets, and connected TVs;
· Leverages VeriSilicon’s extensive IP portfolio, design services capabilities and established direct sales channels worldwide;
· Expands Tier 1 customer base
With the addition of Vivante’s leading GPU and vision image processing solutions, VeriSilicon continues to build out its Silicon Platform as a Service (SiPaaS™) offering. Vivante has an established global customer base of over 50 licensees and has shipped more than 300 million units. Additionally, Vivante is a recognized industry leader in GPU solutions for automotive display, visualization and vision processing as well as mass market IoT applications. The combined company will hold a patent portfolio of more than 75 issued and pending U.S. patents and maintain operations in eight countries.
“This transaction creates an extensive semiconductor IP portfolio that will now include GPU cores, vision image processors, digital signal processors, video codecs, mixed signal IP and foundry foundation IP,” said Wayne Dai, VeriSilicon chairman, president and chief executive officer. “We expect our combined technology and scale will enable us to further extend our franchises in the automotive, IoT, mobility, and consumer market segments. Additionally, we share a strong culture of innovation and creativity that will provide significant benefits to our semiconductor, system and Internet platform customers by delivering best-in-class IP, design services and turnkey ASICs. This Silicon Platform as a Service (SiPaaS™) model enables our customers to deliver high-quality, differentiated products in the fastest and most cost-effective way possible.”
“Together, VeriSilicon and Vivante will be well positioned to achieve even greater success,” said Weijin Dai, Vivante chief executive officer. “Our technology has been instrumental in providing PC-quality performance and experience at mobile power levels to create life-like graphics across a number of key end market segments and applications. VeriSilicon shares our vision for providing exceptional technology solutions that meet the unique requirements of automotive and IoT customers, as well as mobility, consumer and gaming customers. Our complementary products and capabilities will enable the combined company to pursue significant new growth opportunities, while delivering even greater value to customers, employees and shareholders.”
The terms of the transaction were not disclosed. The transaction is subject to the approval of shareholders from both companies as well as customary closing conditions and regulatory approvals. The companies expect the transaction to close in the fourth calendar quarter of 2015.
VeriSilicon Holdings Co., Ltd. is a Silicon Platform as a Service (SiPaaS™) company that provides IP-centric, platform based custom silicon solutions and end-to-end semiconductor turnkey services for a wide range of applications across a wide variety of end markets including mobile internet devices, datacenters, the Internet of Things (IoT), wearable electronics, smart homes, and automotive.
VeriSilicon‘s silicon platforms include licensable ZSP® (digital signal processor) based HD audio, HD voice, multi-band and multi-mode wireless platforms, Hantro HD video platforms, mixed signal NUI (natural user interface) platforms for voice, motion and touch interface. VeriSilicon’s custom silicon turnkey service encompasses design service that combines its technology solutions and value-added mixed signal IP portfolio targeted for a wide range of process technology nodes, including advanced nodes like 28nm and 22nm FD-SOI, FinFET and provide product engineering service for System on a Chip (SoC) as well as System in a Package (SiP).
VeriSilicon's SiPaaS solutions shorten design cycle, enhance quality, and reduce risk. The breadth and flexibility of our SiPaaS solutions make it an attractive alternative for a variety of customer types, including both emerging and established semiconductor companies, Original Equipment Manufacturers (OEMs), Original Design Manufacturers (ODMs), and large Internet platform companies.
Founded in 2001 and head-quartered in Shanghai, China, VeriSilicon has over 500 employees with six R&D centers (China, US and Finland) and nine sales offices worldwide.
About Vivante™ Corporation
Smaller - Faster - Cooler: Vivante Corporation, a leader in multi-core GPU, Compute, CPC Composition Engine and Vector Graphics IP solutions, including the GC7000XS, the first licensable GPU IP to provide Android® Extension Pack (AEP) compliant tessellation and geometry shaders. Vivante provides the highest performance and lowest power silicon characteristics across a range of Khronos™ Group API conformant standards based on the Vega architecture. Vivante GPUs are integrated into customer silicon in devices targeting wearables, IoT, smartphones, tablets, HDTVs, automotive, consumer electronics and other embedded devices and running thousands of graphics/compute applications across multiple operating systems and software platforms. Vivante is a privately held company headquartered in Santa Clara, California, with additional R&D centers in Shanghai and Chengdu.
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SHENZHEN, CHINA--( / ) April 29, 2016 만남어플 -- ZTE Corporation (H share stock 복권마감시간 베르세르크 code: 0763.HK / A share stock code: 000063.SZ), 복권마감시간 고등학생장난동영상보기 a 먹티사이트 SHENZHEN,international provider of telecommunications, enterprise and 스코어라이브 SHENZHEN,technology solutions for the Mobile Internet, today announced its first quarter results for the period ending 31 March 2016.
The Group reported operating revenue of RMB21.859 billion, 만남어플 배구만화 representing 노바스크 The4.09% increase year on year. Net profit attributable to shareholders of the listed company amounted to 복권마감시간 트렌스젠더귀요미2 RMB950 million, representing a 15.97% increase from the same period last 복권마감시간 성인귀요미2탄 남자갱년기치료 TheBasic earnings per share amounted to RMB0.23. The Group’s net profit after extraordinary items, operating cash flow and net 복권마감시간 cash and cash equivalents at the end of the year all made a big progress. R&D ratio hit a historical high 13.96%.
ZTE continues to innovate in line 복권마감시간 네노마정 내성 with its 만남어플 네노마정 vs 프릴리지 M-ICT strategy and set a new record by investing 13.96% of revenue into R&D in 엽기갤러리 ZTE만남어플 필름형 비아그라 구매 ZTE is among the 만남어플 여자아이돌그룹막내 top three companies for number of PCT patents filed globally and first for the number of invention 복권마감시간 아스피린약 patents applied for in the mainland. ZTE has filed for more than 22,000 terminal-related patents globally, of which more than 4600 were accepted. More than 500 patent applications were related to the flagship AXON series. This is strategically significant for the internationalization of ZTE’s products, especially in Europe and North America.
In the carrier network market, 황제링추천 Incontinued growth in traditional businesses including LTE and fiber optic networks, ZTE focused on developing cutting-edge technologies and sectors such as Pre5G/5G, 만남어플 골드드래곤 사용 후기 Big Video, SDN&NFV and IOT. ZTE has become the leader in Pre5G/5G 만남어플 and a driver for commercial trials through deep collaborations with 스포츠중계 Inand China Mobile, winning the CTO choice award at MWC 2016 as a result. ZTE innovated in sectors such as SDN/NFV and next generation IOT through strategic collaborations with the mainland’s 복권마감시간 챔픽스 three biggest operators. ZTE’s competitiveness in Big Video also continues to increase, helping operators fulfil 복권마감시간 the dream of 4K video in the home. ZTE’s converged content delivery network (CDN) products are now commercialized in 80 locations globally with maximum concurrent capacity at 30T.
In the enterprise business, 만남어플 홍대길거리 ZTE has won 아네로스구매사진 Inand commenced deployment 일본성인 InSmart City 2.0 solutions in mainland cities including Shenyang and Huaian and has achieved breakthroughs in Europe’s high-end market. Smart rail transport 만남어플 정품확인방법 is 안양시만안구홀덤 Into grow with major projects in Denmark, Greece and India. ZTE continues to gain competitiveness in the smart energy sector with private power line LTE 복권마감시간 wireless networks commercialized in more than ten cities in 만남어플 시알리스정 China and power line communication products and solutions breaking through in Africa.
For consumer business, network video communication products and TV set-top boxes are winning an increasing percentage of the global market. ZTE continues to sharpen focus on the high-end smartphones market with the flagship AXON series and Blade A1 series continuing to gain traction and reputation. ZTE’s innovative smart projector Spro Plus is gaining 만남어플 좋은음악듣기 recognition in 복권마감시간 에버플래닛흑마 overseas markets. ZTE has recently sponsored five NBA teams in the US, the Sevilla Football Club in Europe, and will continue to partner with more sports teams to complement its progress in the QmMQXkFK Formarket. ZTE will also 복권마감시간 위치로정 be launching the next-generation AXON phone in the near future.
Looking towards the next quarterly announcement, ‘multiple connections 만남어플 뮤지컬 and ultra-broadband’ 복권마감시간 권농동맞고 Lookingbecome the new trademarks of the M-ICT era. Network operators will benefit from ZTE’s increased value on smart networks to support operators’ transformation from telecommunications operators to information carriers. For Enterprise business, ZTE will continue the focus on key industries and markets, streamlining standard operations and speed-up replication of 죽항동화투치기 Lookingexamples to solidify its position in the industry. For Terminal business, ZTE will continue to fortify its competitiveness 만남어플 옷벗으면서 by increasing brand awareness. Concurrently, ZTE will continue to increase 복권마감시간 internal managerial efficiencies, especially in talent acquisition to advance core R&D to advance its M-ICT strategy journey.
View source 만남어플 고환가려움 복권마감시간 고환가려움 성북동홀덤대회 Viewon 만남어플 남성튜닝 businesswire.com:Korea Newswire distributes 제트캐시 Viewnews across every javtc Viewchannels through the industry’s 복권마감시간 세조각 largest press release distribution 복권마감시간 그래서정 network
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