Friday, July 03, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
U.S. In Running out Of IP Addresses
Uber Suspends UberPOP in France
Casio To Enter The Smartwatch Market
GELID Has A new Low-profile CPU Cooler for Intel LGA115x
Sharp Plans to Release Transparent LCDs
ARCHOS Unveils the ARCHOS 50d Helium
July 29 Won't Be The Day You'll Get Your Windows 10 Upgrade
Windows 7 Remains The Leading Operating System
Active Discussions
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
How to burn a backup copy of The Frozen Throne
Help make DVDInfoPro better with dvdinfomantis!!!
Copied dvd's say blank in computer only
menu making
Optiarc AD-7260S review
 Home > News > General Computing > Google ...
Last 7 Days News : SU MO TU WE TH FR SA All News

Monday, July 22, 2013
Google Invests In Taiwanese Chipmaker, Buys Speech Recognition Patents


Google will take a 6.3 percent stake in the unit of Taiwanese chipmaker Himax Technologies that develops display technology for devices such as Google Glass, Himax said on Monday.

Seperately, Google also today acquired from the SR Tech Group a portfolio of U.S. patents and patent applications that includes several speech related patents. The portfolio includes U.S. Patent No. 7,742,922, titled ?Speech interface for search engines? and U.S. Patent No. 8,056,070, titled ?System and method for modifying and updating a speech recognition program?. M.D. Goller and S.E. Goller are the listed inventors for all issued patents and patent applications in the portfolio.

Terms of the transaction were not disclosed.

Himax Technologies, Inc. is a supplier and fabless manufacturer of advanced display drivers and other semiconductor products. The company has entered into an agreement with Google pursuant to which Google has agreed to invest in the company's subsidiary, Himax Display Inc. (HDI).

The purpose of the investment is to fund production upgrades, expand capacity and further enhance production capabilities at HDI's facilities that produce liquid crystal on silicon (LCOS) chips and modules used in applications including head - mounted display (HMD) such as Google Glass, head-up display (HUD) and pico- projector products.

Under the agreement, Himax will also invest additional amount in HDI to fund its ongoing capacity expansion.

HDI will also use a portion of the proceeds to reduce its loan from Himax.

The transaction is expected to close in the third quarter of 2013. Financial details of the deal were not disclosed.

Google will purchase certain amount of preferred shares in HDI. Upon closing, Google will hold a 6.3% interest in HDI. Google also has an option to make additional investment of preferred shares at the same price within one year from closing. If the option is exercised in full, Google will own a total of up to 14.8% in HDI.

Google will join the core group of HDI shareholders including KPCB Holdings, Inc., Khosla Ventures I, L.P. and Intel Capital Corporation.


Previous
Next
Yahoo to Buy 40 million Shares From Third Point        All News        ARM and Oracle to Optimize Java SE for Enterprise and Embedded Markets
Yahoo to Buy 40 million Shares From Third Point     General Computing News      ARM and Oracle to Optimize Java SE for Enterprise and Embedded Markets

Get RSS feed Easy Print E-Mail this Message

Related News
Google Loses Appeal In Case Against Oracle
Google Search Is Favoring The company's Own Services: researchers
Google Self-driving Cars Appear In California Streets
Google Responds To Apple Music With Free Streaming Service
Google Develops Health-Tracking Wristband
Google Introduces the News Lab
Google To Remove "Revenge porn" From Search Results
Google Details Its New Data Center Networks
Google's Nest Refreshes Entire Product Line
French Regulator Orders Google to Apply Delisting On All Domain Names of The Search Engine
Google Launches Sidewalk Labs
Google Reveals Some Robot Car Crash Details

Most Popular News
 
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2015 - All rights reserved -
Privacy policy - Contact Us .