Silicon Laboratories Acquires Silembia.AUSTIN, Texas -- Silicon Laboratories Inc. (Nasdaq:SLAB) today announced the acquisition of Silembia, a privately held company privately held company A firm whose shares are held within a relatively small circle of owners and are not traded publicly. based in Rennes, France that develops semiconductor intellectual property for digital demodulation demodulation: see modulation. See demodulate. (communications) demodulation - To recover the signal from the carrier. For example, in a radio broadcast using amplitude modulation the audio signal is transmitted as the mean amplitude of a and channel decoding de·code tr.v. de·cod·ed, de·cod·ing, de·codes 1. To convert from code into plain text. 2. To convert from a scrambled electronic signal into an interpretable one. 3. . Silicon Laboratories acquired Silembia in an all-cash transaction for approximately $20 million. "Silembia's expertise augments Silicon Laboratories' core competencies A core competency is something that a firm can do well and that meets the following three conditions specified by Hamel and Prahalad (1990):
The Silembia acquisition brings a veteran design team with more than a decade of experience in digital demodulation and system architecture design. The team, which will join Silicon Laboratories' mixed-signal design center in Rennes, France, has proven expertise in advanced error control coding and has developed silicon solutions leveraging experience in multi-carrier modulation used in many emerging broadcast and wireline communication standards. "We are pleased to be matched with Silicon Laboratories' excellent design team, and we are convinced that the combination of our technologies will result in a long-term competitive advantage," said Bernard Badefort, president and chief executive officer of Silembia. This transaction is expected to result in a one-time charge for purchased in-process R&D in the second quarter. Silicon Laboratories Inc. Silicon Laboratories Inc. is a leading designer of high-performance, analog-intensive, mixed-signal integrated circuits A mixed-signal integrated circuit combines analog circuits with digital signal processing (DSP) circuits on a single semiconductor die. An integrated circuit that includes both analog and digital circuitry (but no DSP), like a 555 timer, is generally not considered a mixed-signal (ICs) for a broad range of applications. Silicon Laboratories' diverse portfolio of highly integrated, patented solutions is developed by a world-class engineering team with decades of cumulative expertise in cutting-edge mixed-signal design. The company has design, engineering, marketing, sales and applications offices throughout North America North America, third largest continent (1990 est. pop. 365,000,000), c.9,400,000 sq mi (24,346,000 sq km), the northern of the two continents of the Western Hemisphere. , Europe and Asia. For more information about Silicon Laboratories please visit www.silabs.com. Cautionary Language This press release may contain forward-looking statements forward-looking statement A projected financial statement based on management expectations. A forward-looking statement involves risks with regard to the accuracy of assumptions underlying the projections. based on Silicon Laboratories' current expectations. These forward-looking statements involve risks and uncertainties. A number of important factors could cause actual results to differ materially from those in the forward-looking statements, including risks that the acquisition may not yield the expected benefits due to the failure to properly integrate the acquired business and employees; risks that the products under development may fail to achieve market acceptance; risks of disputes regarding the acquired business; risks that Silicon Laboratories may not be able to manage strains associated with its growth; product development risks; intellectual property litigation An action brought in court to enforce a particular right. The act or process of bringing a lawsuit in and of itself; a judicial contest; any dispute. When a person begins a civil lawsuit, the person enters into a process called litigation. risks; the cyclical cyclical Of or relating to a variable, such as housing starts, car sales, or the price of a certain stock, that is subject to regular or irregular up-and-down movements. nature of the semiconductor industry and other factors that are described in Silicon Laboratories' filings with the SEC. Silicon Laboratories disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise. Note to editors: Silicon Laboratories and the Silicon Laboratories logo are trademarks of Silicon Laboratories Inc. All other product names noted herein may be trademarks of their respective holders. |
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