News

Divio is acquired by ESS Technology (Nasdaq:ESST)

2003/8/18-- ESS Technology (Nasdaq: ESST), a leading supplier of silicon solutions for digital video and digital audio consumer electronics, announced that it has acquired Divio, Inc. for $27.1 million in cash. Divio's technologies include advanced digital video encoding, video compression and image processing. The acquisition will expand ESS's product lines in the digital consumer electronics market with advanced MPEG-1,2,4 encoders and DV codecs for digital video recorders, digital still cameras and solid state digital camcorders.

Last Update¡G 06/22/2005 14:58