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Electronics Production | October 27, 2005

Micronas acquires WISchip

Swiss chip company Micronas Semiconductor Holding AG has signed a definitive agreement to acquire all shares of privately-held fabless semiconductor company WISchip International Ltd.

The deal is worth about $80 million and is expected to be closed by the year's end. WISchip has 104 employees. "The combination of technologies and products from Micronas and WISchip will enable Micronas' customers to quickly bring to market next-generation audio/video solutions for a broad range of products, including Integrated Digital HDTVs, enhanced cable, satellite and terrestrial TV set-top boxes, personal video recorders (PVRs), next generation high definition DVD recorders (HD-DVD and BluRay) and players, Internet Protocol (IP) set-top boxes, IP AV streaming systems as well as IP surveillance cameras," said Hans-Jürgen Désor, VP Consumer Products of Micronas, in a statement.
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