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Genesis Microchip, Pixelworks establish spin-off company

Posted: 19 Mar 2003 ?? ?Print Version ?Bookmark and Share

Keywords:genesis microchip? pixelworks? genesis pixelworks? system-on-a-chip IC? soic?

Image processing systems provider Genesis Microchip Inc. and Pixelworks Inc., a manufacturer of system-on-a-chip ICs, have formally executed a definitive merger agreement. The new company, to be called Genesis Pixelworks, will be a provider of system-on-a-chip ICs for the display and consumer electronics industries.

The two companies are combining their respective technical and financial resources to accelerate the development of new technologies and products. Genesis Microchip and Pixelworks believe that the combined company will be able to offer a broad line of display controller solutions to the manufacturers of LCD monitors, TV receivers, and multimedia projectors.

The merged entity, incorporated in Oregon, U.S.A., will be headquartered in Alviso, California but retain a significant presence in Pixelworks' current headquarters in Oregon.

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