Silicon Optix Acquires Teranex
San Jose, Calif. (Aug 10, 2004) – Silicon Optix announced today the acquisition of Teranex, Inc., the leading supplier of Hollywood quality image processing solutions for the broadcast, post-production, and high-end home theater markets. The acquisition occurred in late July.
“We purchased Teranex for their mature and industry-proven programmable video processing hardware and software platforms,” said Paul Russo, chairman and CEO for Silicon Optix. “They are well known as a ‘best of breed’ solution within the broadcast, post-production, cable, satellite and digital cinema industries, where quality cannot be compromised.”
Teranex’s high-end platforms are used by leading movie studios, post-production houses and broadcasters around the world including NBC, CBS, ABC, FOX, WB and Turner Networks along with broadcasters in Europe , Japan , Australia , China and South Korea .
Teranex’s technology roots go back to the early 1980s, where Lockheed Martin developed it for tactical image and video processing. Teranex has spent many years perfecting the video processing algorithms in cooperation with the most demanding customers – the “Golden Eyes” of broadcast and post-production.
Silicon Optix will continue to support Teranex’s customers and maintain its operations in Orlando , Florida . The product line will retain the Teranex name.
“Teranex´s technology will help drive the next wave of the digital video revolution enabling Silicon Optix to deliver the programmable DSP approach to real-time processing of high-definition digital video for the capture, transmission, distribution, editing, storage and display markets,” stated Russo.
Silicon Optix acquired Teranex for an undisclosed amount.
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About Teranex
Teranex, a Division of Silicon Optix, produces high performance, future-proof solutions for the digital media professional serving the content creation, content distribution, and content consumption markets. The industry-leading array processing platforms combine the flexibility of a programmable solution with the high-throughput of a real-time multi-use platform. Teranex solutions include DTV format conversion, video noise reduction, film restoration, pre/post compression processing and image enhancement. Teranex is continually adding enhancements and new applications and is committed to providing long-term value to its customers. For more information, please visit www.teranex.com.
About Silicon Optix
Silicon Optix is a leader in programmable, high performance video processing and unique and proprietary geometry processing IC solutions delivering Hollywood Quality Video (HQV). Silicon Optix ICs can be found in top-tier consumer electronics products such as high resolution displays, premium DVD players, ultra-thin RPTVs and front projectors.
Teranex, a division of Silicon Optix, is a leader in programmable video processing systems-level solutions for the professional broadcast and post production markets. Silicon Optix is headquartered in San Jose, California with offices around the world. For more information visit www.siliconoptix.com, www.teranex.com, and www.hqv.com.
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