Analog Devices Acquires HDMI Business From INVECAS, Expanding High Performance Audiovisual Capabilities
July 27 2020 - 8:00AM
Business Wire
Analog Devices, Inc. (ADI) today announced that it has acquired
the High Definition Multimedia Interface (HDMI) business of
INVECAS, a Santa Clara based company specializing in embedded
software and system level solutions. This addition will provide ADI
with complete audio and video solutions to meet the growing needs
of enterprise and consumer markets. Financial terms of the
transaction were not disclosed.
“HDMI technology is in high demand for business, professional,
consumer and automotive video applications,” said John Hassett,
Senior Vice President, Industrial and Consumer at Analog Devices.
“The acquisition of INVECAS’ HDMI business positions ADI to deliver
more complete solutions throughout the entire customer journey –
from chip, to certification, to end product. We are thrilled to
enhance ADI’s capabilities with the addition of this group’s
expertise.”
Through this acquisition, ADI will also increase the company’s
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. In addition, ADI will
incorporate certification and compliance capabilities, ensuring
support for customers throughout their HDMI development cycles,
from concept to pre-compliance and release. As the industry
continues to grow 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. Additionally, this will allow for
greater adoption of these technologies, with ADI expanding
offerings to a wider audience with broader feature sets and lower
power consumption.
The INVECAS HDMI technology group has a long history in the
space, stemming from Silicon Image, a semiconductor company founded
in 1995, where the HDMI technology was first created. This team’s
leadership will continue to play a critical role in the combination
of ADI’s audio and visual business units.
“As we march toward HDMI 2.1 and help usher in additional,
groundbreaking technologies, the requirements and demand to power
these next-generation applications has never been higher,” said
Laxman Vemury, Vice President and General Manager, INVECAS. “By
bringing together these two great teams, we can provide expanded
offerings that will allow our customers greater adoption of these
technologies with even broader feature sets and lower power
consumption.”
With the acquisition of INVECAS’ HDMI business, ADI is
augmenting its portfolio of sensing technologies and solutions that
enhance human interaction and experiences. Opening new applications
and dynamic user interfaces enabled by a broad portfolio of
technologies that, when combined with the company’s technical
expertise, will allow devices to interact with the world in
groundbreaking ways. These innovations are aimed at tackling the
increased demand for immersive experiences.
Analog Devices’ product suite includes the industry’s broadest
selection of HDMI interface solutions for applications including
HDTV, set-top boxes, A/V receivers, projectors, and other multiple
input displays. To learn more about ADI’s available products across
its HDMI and sensory solutions set visit:
www.analog.com/consumer.
To learn more about HDMI 2.1 visit: www.hdmi.org.
About Analog Devices Analog Devices (Nasdaq:ADI) is a
leading global high-performance analog technology company dedicated
to solving the toughest engineering challenges. We enable our
customers to interpret the world around us by intelligently
bridging the physical and digital with unmatched technologies that
sense, measure, power, connect and interpret. Visit
http://www.analog.com.
This release may be deemed to contain forward-looking statements
intended to qualify for the safe harbor from liability established
by the Private Securities Litigation Reform Act of 1995. These
forward-looking statements include, among other things, our
statements regarding expected benefits of our acquisition of the
HDMI business of INVECAS, expected advances in our technology and
product development efforts, and expected benefits and future
development of the acquired products, technology and solutions,
that are based on our current expectations, beliefs, assumptions,
estimates, forecasts, and projections about the industry and
markets in which Analog Devices operates. The statements contained
in this release are not guarantees of future performance, are
inherently uncertain, involve certain risks, uncertainties, and
assumptions that are difficult to predict. Therefore, actual
outcomes and results may differ materially from what is expressed
in such forward-looking statements, and such statements should not
be relied upon as representing Analog Devices' expectations or
beliefs as of any date subsequent to the date of this press
release. Important factors that could cause actual results to
differ materially from the results described, implied or projected
in any forward-looking statements include: higher than expected or
unexpected costs associated with or relating to the transaction;
the expected benefits, synergies and prospects of the transaction
may not be achieved in a timely manner, or at all; the acquired
products, technology and solutions may not be successfully
integrated with ADI's following the closing; difficulty or delay in
the design, development, production and marketing of the acquired
products, technology and solutions; and other risk factors
described in our most recent filings with the Securities and
Exchange Commission. We do not undertake any obligation to update
forward-looking statements made by us.
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Media Josh DeStefano Public Relations Manager
josh.destefano@analog.com
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