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Oak Technology to acquire TeraLogic

Posted: 10 Oct 2002 ?? ?Print Version ?Bookmark and Share

Keywords:video? audio? processing hardware? software? digital home entertainment platforms?

Oak Technology Inc. has entered into an agreement to acquire TeraLogic Inc., a developer of video/audio processing hardware and software for digital home entertainment platforms.

Based in Mountain View, California, TeraLogic is a privately-held fabless semiconductor company with expertise in advanced video/audio and display processing technology for digital TV receivers, HDTV, and PVRs. Prior to the acquisition, strategic investors in TeraLogic included Sony, Samsung, and Mitsubishi.

"The acquisition of TeraLogic enables Oak to expand our solutions for the consumer digital entertainment market by complementing Oak's optical recording solutions with TeraLogic's advanced video processing solutions for the digital television, personal video recorder, and digital video recorder markets," said Young Sohn, chairman and CEO of Oak.

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