Saturday, August 01, 2015
Search
  
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
NVIDIA Recalls SHIELD Tablets Due To Battery Issues
Firefox Attacks Microsoft Over Default Browser in Windows 10
Sharp to Exit Americas TV Market
Researchers Showcase Javascript-based Attack On a Computer's DRAM
Hackers Used Twitter hashtags To Extract Data From Compromised Networks
Facebook Unveils New Security Checkup Tool
Court of Appeals Rejects Google's Move To Overturn Microsoft's Patent Royalty Victory
Toshiba Expands Lineup of Phase Detection Auto-Focus-equipped CMOS Image Sensors for Smartphones
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
Court of Appeals Rejects Google's Move To Overturn Microsoft's Patent Royalty Victory
Google Relases New Consent Policy in European Union
Google Announces Changes To Google Plus
Google Cloud Storage Nearline Offers 6PB Of Free Cloud Storage
LG Electronics Denies Take Over Rumors By Google
Google, Facebook And Amazon Keep Spending A lot On Lobbying
Google Could Move Into the Home-Services Market
Google Reports Confirms Serious Accident With Self-driving Car
Google Glass Could Resurrect In A Business Environment
Google's Strong Profit Driven By Wealthy Ad Business
Google Unveils Buy Button on Ads
Google Releases Smartphone Location Tracking Tools

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 .