Cirrus Logic Licenses DVD Decoder Technologies for New-Generation A/V Products.
AUSTIN, Texas--(BUSINESS WIRE)--Nov. 20, 2000
Cirrus Logic Inc. (Nasdaq:CRUS) today announced it has signed a DVD decoder technology license agreement with LuxSonor Semiconductors Inc., a leading developer of single-chip A/V decoders for DVD and VCD movie players.
The agreement broadens Cirrus Logic's portfolio to now incorporate DVD decoder integrated circuits alongside its market leadership audio products. Cirrus Logic is positioned to capitalize on its existing A/V market leadership position by bringing video technology to its existing audio customers.
Aiming high with field-proven DVD silicon and software, Cirrus Logic intends to accelerate the development of entertainment systems such as DVD equipped A/V mini-systems, digital set-top boxes, A/V digital media controllers and Internet-enabled DVD players (iDVD).
"This technology license allows Cirrus Logic to take advantage of its dominant position in audio chips for consumer electronics providing our customers a single-source solution for both audio and video technology," said Jason Carlson vice president and general manager, Consumer Products/Data Acquisition Division. "Today, we are the most complete one-stop shop for consumer electronic A/V manufacturers."
Technologies included in the complete DVD license are MPEG-2 video decoding, video DSP processing, a 32-bit audio DSP, audio and video DSP software, DVD navigation software and DVD player reference designs. Currently LuxSonor is successfully gaining DVD player market share in China utilizing this technology package.
"Cirrus Logic is rapidly molding these proven technologies into finished products available for design-in later this year," said Terry Ritchie, vice president, DSP technologies at Cirrus Logic. "Our customers are excited about our enhanced ability to use programmable DSPs to help them develop customized DVD audio/video products for the Internet entertainment era."
About LuxSonor Semiconductors Inc.
LuxSonor Semiconductors Inc. is a fabless semiconductor design company that develops single-chip solutions for the consumer and computer markets. Launched in late 1999, the company's LS500 family of DVD-decoder products are being designed into a growing number of DVD players, several of which are now shipping in volume into the greater China market. Based in Fremont, Calif., LuxSonor has offices in Hong Kong, Japan, Taipei, and Shenzhen, China. The company employs more than 70 people worldwide and is privately held. LuxSonor can be reached in the U.S. at 510/683-4668 or at www.luxsonor.com.
About Cirrus Logic Inc.
Cirrus Logic Inc. is a premier supplier of high-performance analog and DSP chip solutions for Internet entertainment electronics. Building on its global market share leadership in audio integrated circuits and its rich mixed-signal patent portfolio, the company targets high-volume audio, storage and communications applications. Cirrus Logic sells its products under the Crystal(R), Maverick(tm) and 3Ci(tm) brands as well as its own name. Founded in 1984 in Silicon Valley, Cirrus Logic operates from headquarters in Austin, Texas and major sites located in Fremont, Calif. and Broomfield, Colo. as well as offices in Europe, Japan and Asia. More information about Cirrus Logic is available at www.cirrus.com.
Safe Harbor Provision
This press release contains forward-looking statements, such as statements regarding Cirrus Logic's intent to accelerate the development of entertainment systems. These statements and other statements made in this news release that are not historical facts are subject to a number of risks and uncertainties, and actual results may differ materially. Factors that may limit the development of our products on a timely basis include proper new product definition, timely completion of design and testing of new products, achievement of acceptable manufacturing yields and market acceptance of our products. Please also refer to Cirrus Logic's current Form 10-K and other filings with the Securities and Exchange Commission for more information on the risk factors that could cause actual results to differ.
Note to editors: Cirrus Logic, Crystal(R) and Maverick(tm) are registered trademarks of Cirrus Logic Inc. All other product names noted herein may be trademarks of their respective holders.
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|Date:||Nov 20, 2000|
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