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Friday, October 24, 2008
 IDT Acquires Silicon Optix
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Message Text: IDT (Integrated Device Technology) today announced it has purchased the video processing technology and related assets from Silicon Optix, including the Hollywood Quality Video (HQV) brand and the Reon product line.

In addition, IDT has acquired the members of the Silicon Optix HQV intellectual property and engineering teams. The transaction, which was approved by the boards of directors of each company and the stockholders of Silicon Optix, closed today. IDT plans to operate the resulting business as part of its Video and Display Operation, which is based out of the company?s San Jose, Calif. headquarters. The new division will be primarily located in the existing Silicon Optix Toronto, Canada facility.

The Silicon Optix Emmy award winning HQV video processing technology enables detailed HD images by utilizing features such as true 1080i-to-1080p HD deinterlacing and a sophisticated multi-directional diagonal filter that ensures video free from jagged edges. HQV also enables SD material to approach HD quality by employing advanced scaling, per-pixel detail enhancement, and noise reduction technology that removes noise and artifacts caused by compression. The newly acquired IDT HQV products and technology are complementary to the DisplayPort-certified IDT PanelPort receiver and integrated timing controller products.

"With the increasing success of the DisplayPort standard and our PanelPort products, we believe the flat panel display market is undergoing an important evolution which will result in enhanced high definition quality and performance for the consumer. The HQV technology complements our PanelPort devices and broader video product portfolio. We see the addition of HQV enabling us to extend our value-add to our customers while expanding our market and technology leadership," said Dr. Ted Tewksbury, IDT president and CEO.
 
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