IDT Acquires Silicon Optix Assets And Technology

29th October 2008

IDT

ES Admin

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IDT has announced that it has purchased the market leading video processing technology and related assets from Silicon Optix, including the Hollywood Quality Video (HQV™) brand and the Reon™ product line. In addition, IDT has acquired the members of the Silicon Optix HQV intellectual property and engineering teams necessary to continue delivering video processing leadership and success. The transaction was approved by the boards of directors of each company and the stockholders of Silicon Optix. IDT plans to operate the resulting business as part of its industry-leading Video and Display Operation, which is based out of the company’s San Jose, Calif. headquarters. The new division will be primarily located at the existing Silicon Optix Toronto, Canada facility.

The Silicon Optix Emmy award-winning HQV video processing technology enables the sharpest and most detailed HD images possible by utilising features such as true 1080i-to-1080p HD de-interlacing and a sophisticated multi-directional diagonal filter that ensures video free from jagged edges. HQV also enables SD material to approach HD quality by employing advanced scaling, per-pixel detail enhancement, and noise reduction technology that removes noise and artefacts caused by compression. The newly acquired IDT HQV products and technology are complementary to the DisplayPort™-certified IDT PanelPort™ receiver and integrated timing controller products. As a result of existing strong customer relationships within this market, IDT anticipates providing increased value-add to customers while accelerating the widespread adoption and ongoing success of flat panel displays. IDT plans to maintain the current production flow for existing Reon products, and intends to utilise the assets in enabling new video processing capabilities.

With the increasing success of the DisplayPort standard and IDT’s PanelPort products, the company believes that the flat panel display market is undergoing an important evolution which will result in enhanced high definition quality and performance for the consumer. The HQV technology complements IDT PanelPort devices and broader video product portfolio. The addition of HQV will enable IDT to extend its value-add to customers while expanding its market and technology leadership. IDT plans to use its expertise, expanded resources and current relationships within the flat panel market to further the successes of Hollywood Quality Video.