logo
Plus   Neg
Share
Email

Analog Devices Buys HDMI Business From INVECAS For Undisclosed Terms - Quick Facts

Analog Devices, Inc. (ADI) said Monday it has acquired the High Definition Multimedia Interface or HDMI business of INVECAS, a Santa Clara based company specializing in embedded software and system level solutions. Financial terms of the transaction were not disclosed.

Analog Devices or ADI noted that the HDMI business acquisition will provide it with complete audio and video solutions to meet the growing needs of enterprise and consumer markets. It will enable ADI to augment its portfolio of sensing technologies and solutions that enhance human interaction and experiences.

ADI noted that through this acquisition, it will increase its role in the standards body representing HDMI - which helps shape the future of all HDMI connected technologies, such as HDMI 2.1 feature sets and lower power consumption.

ADI will incorporate certification and compliance capabilities that will ensure support for customers throughout their HDMI development cycles, from concept to pre-compliance and release.

As the industry continues to expand and HMDI 2.1 is rolled out, applications such as 8K and 10K video, enhanced audio return, variable refresh rate and more will become commonplace, ADI noted. This will enable the company to expanding its offerings to a wider audience with broader feature sets and lower power consumption.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
The European Commission said Friday that it has signed a deal with Sanofi and GlaxoSmithKline to secure up to 300 million doses of their potential COVID-19 vaccine. Acella Pharmaceuticals recalled certain lots of hypothyroidism medication NP Thyroid in the form of tablets due to super potency, the U.S. Food and Drug Administration said in a statement. The company is recalling one lot of 15mg and one lot of 120mg of NP Thyroid that are packaged in 100 count bottles in strengths of 15 mg, and 120 mg, with expiration dates between October 2020 and November 2020. Walmart announced its decision to raise wages for around 165,000 hourly associates across all its U.S. stores starting October, and introduce a team-based operating model in Supercenters. In a tweet, the retail giant said, "Today we're introducing new leadership roles and cross-training opportunities, giving our associates more ways to grow their careers."
Follow RTT