Thursday, February 10, 2011

Silicon Image Acquires Product Lines and IP from Anchor Bay

SUNNYVALE, Calif.--(BUSINESS WIRE)--Silicon Image, Inc. (NASDAQ:SIMG), a leader in advanced, interoperable HD connectivity solutions for consumer electronics, today announced it has completed the acquisition of select assets from privately held, Campbell, California-based Anchor Bay Technologies, Inc. (Anchor Bay). Acquired assets include Anchor Bay’s semiconductor, IP and DVDO systems products developed for the DTV and home theater markets.

The acquisition enhances Silicon Image’s existing portfolio of semiconductor DTV and home theater solutions by adding complementary video processing technologies that deliver reference-quality images across a wide range of displays and sources.

“Combining Anchor Bay’s video processing technologies with the Silicon Image product portfolio will strengthen our position in the DTV and home theater markets and enhance our capabilities to develop the next generation of HD connectivity products,” said Tim Vehling, vice president of Silicon Image’s products business group.

For more information about Silicon Image’s extensive DTV and home theater solutions, visit http://www.siliconimage.com/